Tesla to Launch Affordable Model Q and Compact Car by 2025

1 min read
Source: Forbes
Tesla to Launch Affordable Model Q and Compact Car by 2025
Photo: Forbes
TL;DR Summary

Tesla is planning to refresh its Model Y and introduce more affordable models by 2025, with CEO Elon Musk hinting at a potential $25,000-$30,000 electric vehicle. This new model, often referred to as the Model 2, may also serve as a robotaxi. However, the future of the $7,500 federal EV tax credit, crucial for keeping EV prices low, is uncertain as President-elect Donald Trump's team considers eliminating it, which could impact EV sales across the industry.

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