Tesla is set to finally reveal its cheaper EV today, a stripped down version of its best-selling Model Y SUV. Per Bloomberg, the new Model Y variant will "lack certain features and use less premium materials to offset the loss of the up to $7,500 federal tax credit," per sources. The federal EV tax credit expired in the US on September 30, and CEO Elon Musk said in company's second quarter earnings call that the cheaper Model Y would come out after expiration of the tax credit. Tesla stock gained more th ...