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Fremont flyover fuels Tesla talk - is this the new Model Y Performance or the budget version?

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Max McDee, 31 May 2025

Tesla

A drone flyover of Tesla's Fremont factory has sent ripples of speculation through the electric vehicle community. The captured images of a lightly camouflaged Tesla prototype lead many to wonder if this is a sneak peek at the more affordable offering from the electric car giant, or the new Performance version of the Model Y.

Fremont flyover fuels Tesla talk - is this the new Model Y Performance or the budget version?

The vehicle, cloaked with disguise on its front and rear sections, immediately became a hot topic on social media and among automotive news outlets. The prevailing theory is that this could be the "cheaper Tesla" that has been hinted at, a more budget-friendly entry into the world of Tesla electric cars. Yet, the familiar silhouette has experts pointing towards two more specific possibilities. One is that this is a "stripped-down" version of the Model Y, designed for a lower price point. The other, perhaps more appealing to performance enthusiasts, is that this could be the yet-to-be-released Model Y Performance variant, the final piece of the Model Y puzzle since its design refresh earlier this year.

As you probably know, Tesla was developing two new, less expensive models, codenamed NV91 and NV92. These were intended to be built on an entirely new vehicle platform, famously dubbed the "$25,000 Tesla" project. Unfortunately, in a dramatic pivot, Musk reportedly canceled these projects. The new direction, it seems, is to use the existing and currently underutilized production lines for the Model 3 and Model Y. This shift means that any new, more affordable electric cars would likely share significant portions of their architecture and, by extension, their looks, with their existing siblings.

The Fremont sighting seems to align perfectly with that revised strategy. If Tesla is really trying to deliver a more accessible Model Y, it would make sense for it to look just like a Model Y. The camouflage could be hiding subtle design tweaks or cost-saving measures. For instance, a "stripped-down" version might feature fewer luxury appointments or a simplified feature set to achieve a lower base price, making Tesla electric cars accessible to a broader audience.

Despite the speculation about a budget model, some details on the prototype are fueling the Model Y Performance theory. We can clearly see in the photos that the door handles appear to be color-coded to the vehicle's body - typically a more premium feature, suggesting a higher trim level rather than a cost-cutting exercise.

Fremont flyover fuels Tesla talk - is this the new Model Y Performance or the budget version?

The camouflaged rear spoiler seems to be larger than the standard Model Y spoiler, bearing a closer resemblance to the more aggressive spoiler found on the high-performance Tesla Model 3 Performance. And finally, the camouflage Tesla sports all-glass roof - a feature that is very unlikely to make it to the budget-friendly version. These subtle cues point away from a bare-bones model and towards a sportier, more powerful iteration of the electric SUV.

Whether this mystery Tesla is a more affordable entry point into the brand's ecosystem or the much-awaited Model Y Performance, its sole appearance confirms that Tesla is actively working on expanding its Model Y lineup.

Source

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Reader comments

M
  • Mr. Common Sense
  • NNi
  • 03 Jun 2025

It's the performance version. If it wasn't it wouldn't be covered up.

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Total reader comments: 1

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