Tesla may unveil $25K Model 2 car in 2024
Elon Musk-owned electric vehicle company Tesla is expected to unveil its $25,000 Model 2 car in 2024, the media reported.
San Francisco: Elon Musk-owned electric vehicle company Tesla is expected to unveil its $25,000 Model 2 car in 2024, the media reported.
TSLA analysts at Loup Ventures predict that the Model 2 will be released in 2024, reports Teslarati. Loup Ventures stated in its 2022 Predictions letter, "Tesla will wait until 2024 to announce Model 2." It mentioned: "If the company announces the lower-priced car too early, they risk slowing sales of Model 3 while ramping capacity during what is likely to be a broader auto recession."
Moreover, it is also expected that Tesla's Model 2 preview will be released in early 2024, and production will begin in mid-2025, according to the report. Additionally, the Model 2 will likely be either a compact car or a subcompact vehicle, which is a popular design in Europe and Asia, the report added.