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New model tesla8/18/2023 Tesla is currently trying to release its Full Self-Driving Beta software to its wider fleet in the US by the end of the month. In the meeting, the CEO said that Tesla is betting on full autonomy for the new $25,000 electric car. He made it sound likely that the new Tesla vehicle will not even be equipped with a steering wheel.īack in 2019, Tesla unveiled an image of a vehicle without a steering wheel and pedals and said the goal was to release such a vehicle within two years: “Do we want to have this car come with a steering wheel and pedals?” In his comments, Musk linked the release of the new Model 2 (not an official name) to Tesla achieving a deployable full self-driving system and even asked Tesla employees: Sources who were at the meeting told Electrek that the CEO said Tesla was aiming to start production of the new $25,000 electric car in 2023. Now Elon Musk has confirmed a better idea of the planned timing to release the new cheaper Tesla vehicle in a company-wide meeting held last night. However, we did warn that this isn’t likely to happen. We recently reported on some media reports coming out of China that claimed the production of the Model 2 could start imminently. It led many to think that it was the design direction and form factor that Tesla is going for in the upcoming electric vehicle: Tesla started taking design submissions for its Chinese-made small electric car last summer and started hiring for the program shortly afterward.Īt the time, the automaker also released this early design drawing of a small electric hatchback. Last year, Tesla announced plans to establish a new R&D center in China to build “a Chinese-style” electric car. The $25,000 Tesla electric car, which is often referred to as the “Tesla Model 2,” has been likened to a new electric hatchback that Tesla has been planning to produce at Gigafactory Shanghai in China and export globally. He made it clear that this new price point is achieved through Tesla’s new battery cell and battery manufacturing effort, which could reduce battery costs by over 50%. Tesla will make a compelling $25,000 electric vehicle that is also fully autonomous. The CEO hinted that it might not even be equipped with a steering wheel.Īt Tesla Battery Day last year, CEO Elon Musk announced that Tesla will be making a $25,000 electric car. Elon Musk has told Tesla employees that the automaker is aiming to release its previously announced $25,000 electric car in 2023.
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