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Dollar25

All articles tagged with #dollar25

automotive1 year ago•2 min saved

"Tesla's Low-Cost Car Plans Scrapped: Insights from Executives and Analysts"

Following reports of the cancellation of Tesla's $25,000 mass-market vehicle, CEO Elon Musk denied the claims and announced plans to unveil a robotaxi in 2024, sparking speculation that both projects could be related. Tesla's Chief Designer Franz von Holzhausen also cast doubt on the cancellation reports, advising people to "stay tuned" and not always believe what they read. The original Reuters report alleged that messages to suppliers and a manager's message indicated the cancellation, while Tesla has been rolling out its Full Self-Driving v12 software and will hold its Q1 2024 earnings call on April 23.

via TESLARATI|

#000-car #automotive #dollar25

automotivetech2 years ago•2 min saved

"Tesla's 2025 Compact Crossover: Affordable EV or $25,000?"

Tesla is reportedly planning to start production of a new mass-market compact crossover in June 2025, potentially the long-teased $25,000 car, as it faces competition from Chinese automaker BYD. CEO Elon Musk has previously mentioned the $25,000 price target, but the company has struggled to meet aggressive price targets in the past. The new vehicle, codenamed ‘Redwood,’ could help Tesla compete in the electric vehicle market and is expected to be developed alongside an autonomous robotaxi.

via The Verge|

#000-car #automotivetech #compact-crossover