Tesla has postponed the launch of its new low-cost electric vehicle, originally expected in early 2025, to late 2025 or early 2026, according to Reuters. This delay is attributed to declining sales influenced by an aging vehicle lineup and the controversial actions of CEO Elon Musk. The model, intended to be a budget-friendly version of the Model Y, was part of Musk's vision announced in 2020. Instead of a completely new platform, Tesla will focus on lower-cost variants of existing models to meet market demands.