That silence is the disappointment of countless Tesla fans hoping for something new
Rumors are flying about Tesla’s new budget model, so let’s break down the speculation and what we actually know so far
A smaller and more affordable Model Y that’s 20% cheaper to produce was initially planned to be released in the first half of this year
CEO Elon Musk said that “Having a regular, 25K model is pointless. It’d be silly,” during an earnings call
A more affordable crossover model could certainly help improve sales figures, but is it really the only answer?
The trio of draped vehicles are likely ones we’ve suspected including Roadster, the Robotaxi, and a people mover
Development of the big innovation that would have made the Model 2 possible is being put on the back burner
Whether this ends up as a blip on the radar or the start of a downward trend is unclear
Franz von Holzhausen responded to the reports, telling event attendees to not “always believe what you read”
Internal memos show Tesla has halted activity with Model 2 suppliers, but Musk denies the report
Working off the success of the gigapresses it used to make the Model Y, Tesla could push the technology even further to make the entire underbody of the Model 2 out of a single part, saving time and money. But there are still some kinks to iron out
In an excerpt from Walter Isaacson’s new biography of Elon Musk, the Tesla CEO is revealed to have been against the idea of building a sub-$25K EV, preferring instead to focus entirely on making an autonomous vehicle
The two EVs appeared under cover as part of the “Tesla Master Plan 3” presentation
This will play a large role in the automaker’s plan to make 20 million cars by 2030
The new entry model would sit atop the company’s next gen platform
Sketches shown before the main event show an unreleased Tesla crossover
Tesla’s product and tech rollout has suffered endless delays, but things are finally happening starting December 2022
Elon Musk said that, due to constraints imposed by the chip shortage, it wouldn’t make sense to launch a new product this year
