WSJ Tech News Briefing TNB Tech Minute: Tesla Debuts Cheaper, Stripped-Down Model Y
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Oct 7, 2025 Tesla unveils a more affordable Model Y by trimming key features. In another highlight, three U.S. professors win the Nobel Prize in Physics for groundbreaking work in quantum mechanics, paving the way for advancements in qubits. Meanwhile, Dell is optimistic, raising its long-term revenue targets due to soaring demand for AI technology. It's a mix of innovation and achievement in the tech world!
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Tesla’s Cost-Cutting Model Y
- Tesla released a lower-priced, stripped-down Model Y at just under $40,000 which doesn't fully capture the expired $7,500 EV tax credit.
- The cheaper Model Y omits features like vegan leather seats, a rear-seat screen, fewer speakers, no AM-FM radio, and a different roof to cut costs.
Nobel Prize Recognizes Qubit Breakthrough
- The 2025 Nobel Prize in Physics honored work that enabled creation of qubits used in modern quantum computers.
- The awardees John Clark, Michelle H. Davore, and John M. Martinis helped pave the way for companies like Google and IBM to build powerful quantum machines.
Quantum Mechanics Underpins Modern Tech
- Ole Erickson emphasized that modern technology relies on quantum mechanics across many everyday devices.
- He cited mobile phones, computers, cameras, and fiber-optic cables as clear examples of quantum physics in use today.