AutoDid Elon Musk just tease the Tesla Model 2?The Tesla CEO mentioned two new products for the EV brandWhen you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
AutoDid Elon Musk just tease the Tesla Model 2?The Tesla CEO mentioned two new products for the EV brandWhen you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
The Tesla CEO mentioned two new products for the EV brand
When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
(Image credit: Tesla)
(Image credit: Tesla)
There are a lot of choices out there if you’re looking for thebest EVon the market. But undoubtedly one of the most popular brands is Tesla, with their range of models.
Now, company CEO Elon Musk has teased a duo of new models which look set to transform the business model of the brand. In a recent shareholder meeting, Musk noted that the two new models had a production target of “in excess of five million units per year” between them.
That’s a big deal. Tesla’s currentproduction figuresshow just over 1.3 million units produced in 2022, across all four of its current models. These new variants, then, seem set to be a more mass produced product – hopefully with a lower cost to match.
Rumours of an affordable Tesla model have been circulating for a while, with commentators calling it the Tesla Model 2. It’s likely to use more in-house manufacturing for components, which would give the company direct control of their overheads.
Elsewhere, Musk also confirmed that the long-awaitedTesla Roadsteris expected to arrive in 2024. That car had a whopping $200,000 price tag when it was first unveiled way back in 2017, and has faced countless delays on its way to market.
Also, the hotly-anticipatedTesla Cybertruckwas given the green light. Musk confirmed that deliveries would start this year, in line with previous rumours.
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With very little officially known about the two models, expect more leaks and rumours to circulate as the launch date grows nearer.
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