Tesla is pushing again the promised launch of a extra reasonably priced EV by months, in line with a report from Reuters. The new mannequin, which is supposedly a really stripped-down Model Y, was purported to debut within the first half of this 12 months however now may not come till late 2025 or early 2026, states the report.
This all comes as Tesla’s gross sales are tumbling in lots of elements of the world due to a mix of an growing old lineup of autos, Musk’s far-right politics and involvement within the U.S. authorities, and the underperformance of the Cybertruck.
CEO Elon Musk first teased the thought of creating a $25,000 Tesla on the firm’s “Battery Day” occasion in 2020. Tesla was creating a brand new platform that will be 50% cheaper to construct, which it deliberate to make use of to energy this new mannequin, typically colloquially known as the “Model 2,” in addition to the corporate’s mythic robotaxi.
But Musk in the end killed the thought of constructing a drivable automobile on the brand new platform. Instead, he reportedly pivoted Tesla towards creating lower-cost variations of the Model Y SUV and Model 3 sedan.
