"Tesla Set to Unveil Affordable Next-Gen Electric Cars in 2025"

1 min read
Source: Barron's
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.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

73%

26772 words

Want the full story? Read the original article

Read on Barron's