AutoElectric VehiclesIs a Tesla Model 2 back on the cards after all?Tesla claims ‘more affordable’ models are coming in a matter of monthsWhen you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
AutoElectric VehiclesIs a Tesla Model 2 back on the cards after all?Tesla claims ‘more affordable’ models are coming in a matter of monthsWhen you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
Tesla claims ‘more affordable’ models are coming in a matter of months
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)
QUICK SUMMARYTesla earnings report mentions plans for new, affordable vehicles coming in the first half of 2025.
Tesla earnings report mentions plans for new, affordable vehicles coming in the first half of 2025.
Tesla earnings report mentions plans for new, affordable vehicles coming in the first half of 2025.
Tesla earnings report mentions plans for new, affordable vehicles coming in the first half of 2025.
Tesla says it plans to put new “affordable” vehicles into production during the first half of 2025.
The statement came as part of the electric car company’sthird quarter earnings reportthis week, and suggests there’s a chance we’ll see new vehicles in a matter of months. But, as ever with Tesla, any timeline promises should be taken with a pinch of salt, as it is famous for missing its own deadlines.
Coming hot on the heels of theCyberCabconcept revealed earlier in October, the earnings report statement said: “Preparations remain underway for our offering of new vehicles – including more affordable models – which we will begin launching in the first half of 2025.”
(Image credit: Tesla)
(Image credit: Tesla)
Reiterating its desire to bring down the cost of electric motoring, Tesla also said: “In order to continue accelerating the world’s transition to sustainable energy, we need to make EVs affordable for everyone, including making total cost of ownership per mile competitive with all forms of transportation.”
The earnings report also referenced the “introduction of new products, including those built on our next generation vehicle platform.” It then stated again how new vehicles, “including more affordable models,” remain on track to go into production in the first half of 2025. These, Tesla said, “will utilise aspects of the next generation platform as well as aspects of our current platforms and will be able to be produced on the same manufacturing line as our current vehicle line-up.”
What isn’t clear is whether this refers to all-new Tesla models – such as cars called the Model 2 and Model 4, for example – or if it means Tesla will introduce updated versions of its currency lineup, but built on a new, lower-cost platform.
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A face-lifted Model Yis expected to launch soon, and development vehicles have been spotted with a new front end reminiscent of the recently-revised Model 3.
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