Elon Musk has finally confirmed that Tesla’s new ‘affordable’ electric car is just going to be the Model Y in a cheaper format. Musk has ended months of speculations and misinformation, which he partly created, about Tesla’s upcoming cheaper electric vehicle model.

As the accomplished salesman he is, CEO Elon Musk really went all out to hype up the new vehicle, pulling out every trick in the book to delight both your intellect and your senses: "It's just a Model Y,

We might as well forget about the once-rumored $25,000 Tesla, but hitting the $35,000 mark won’t be easy either.