Tesla plans to launch a more affordable model in 2025, with a price under $30,000 (BoliviaInteligente – Unsplash)
Tesla is planning to launch a more affordable model, possibly called the Tesla Model Q, with a starting price under $30,000, according to a report from Deutsche Bank.
The vehicle, which is set to launch in the first half of 2025, will be smaller and lighter than the Model 3, with significantly lower manufacturing costs for the company. The car will be available in versions with 53 kWh and 75 kWh batteries, and options for single or dual motors.
However, details about the car are limited and should be taken with caution. While sources like Becky Peterson from the Wall Street Journal confirm some discussions about the new Tesla, they also suggest that the model might be a more affordable version of the Model 3, rather than an entirely new vehicle. The name “Model Q” is used by Deutsche Bank, but it’s unclear if it will be the official name.
Despite the speculation, Elon Musk has not officially confirmed the details, though he mentioned that a cheaper Tesla will arrive next year, without providing further information. Additionally, Musk has dismissed the idea of a non-autonomous Tesla priced at $25,000, leaving the future of the Model Q uncertain. For now, Tesla has not made an official announcement regarding the model.
Source: Mashable | Photo: Unsplash | This content was created with the help of AI and reviewed by the editorial team
I got a copy of the Deutsche Bank report.
Here’s what it does say:
1. @travisraxelrod met with DB for its Autonomous Driving Day on December 5 in NYC.
2. DB describes “the new Tesla model” which it calls “Model Q”.
3. DB says it will launch in the first half of 2025, and…— Becky Peterson (@beckpeterson) December 9, 2024
