10 Reasons Why You Must Buy The New Model 2
Elon Musk has told Tesla employees that the automaker is aiming to release its previously announced $25,000 electric car in 2023.
The CEO hinted that it might not even be equipped with a steering wheel.
At Tesla Battery Day last year, CEO Elon Musk announced that Tesla will be making a $25,000 electric car.
The CEO commented in the announcement:
Tesla will make a compelling $25,000 electric vehicle that is also fully autonomous.
He made it clear that this new price point is achieved through Tesla’s new battery cell and battery manufacturing effort, which could reduce battery costs by over 50%.
The $25,000 Tesla electric car, which is often referred to as the “Tesla Model 2,” has been likened to a new electric hatchback that Tesla has been planning to produce at Gigafactory Shanghai in China and export globally.
Last year, Tesla announced plans to establish a new R&D center in China to build “a Chinese-style” electric car.
Tesla started taking design submissions for its Chinese-made small electric car last summer and started hiring for the program shortly afterward.
Elon Musk’s Iconic Reaction to Interviewer Dumb Question
Popularly referred to as the Real-life Tony Stark, Elon Musk is the founder and CEO of SpaceX, an American aerospace manufacturer and space transportation services. He is also the co-founder, CEO, and product architect at Tesla Motors, the founder of The Boring Company and Co-founder of Neuralink and initial chairman of OpenAI.
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