"Tesla Set to Unveil Affordable Next-Gen Electric Cars in 2025"
TL;DR Summary
Tesla is reportedly gearing up to launch a more affordable electric vehicle, aimed at the mass market, with production expected to start in mid-2025. The new model, referred to as the Model 2, is anticipated to be priced in the low-$30,000 range, making it roughly $10,000 cheaper than the cheapest Tesla Model 3. This move is seen as a strategic step to compete with Chinese rival BYD and expand Tesla's market share.
- Tesla Is Preparing to Launch a Cheaper EV: Report Barron's
- Tesla's new compact crossover is reportedly coming in 2025, but will it cost $25000? The Verge
- Exclusive: Tesla plans to build new electric vehicles in mid-2025 Reuters
- Tesla plans to start building new EV 'Redwood' in 2025: RPT Yahoo Finance
- Tesla next-gen electric cars are coming in 2025, supplier sources say Electrek
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