Tesla down after report of delay in US production of cheaper Model Y

** Tesla TSLA.O falls 2.8% to $234.66 premarket

** Production launch of U.S-made, stripped-down version of Model Y delayed, Reuters exclusively reported

** Co aimed to produce 250,000 of the cheaper Model Y in U.S. in 2026, two sources told Reuters

** U.S. production would happen at least a few months later than outlined in co's public plan, sources said, offering a range of revised targets from Q3 to early next year

** Car will be smaller, to cost at least 20% less to produce than refreshed Model Y, Reuters reported earlier

** As of last close, stock down ~40% this year