Tesla scraps plans for low-cost car amid fierce competition from Chinese EVs, report says
Reuters reported that Tesla has canceled its long-promised low-cost car expected to start at about $25,000. Musk called the report a lie.
Tesla’s lower-priced model coming with planned annual capacity of 4 million units, report says
Tesla's lower-priced model will be a smaller version of the Model Y, and the EV maker is building a capacity plan for it of up to 4 million…
Tesla said to aim for $25,000 electric car release in 2023
Musk linked the launch of the new model to Tesla achieving a deployable full self-driving system, even asking employees, "Do we want to have…
How will local Chinese brands counter Tesla’s potential $25,000 EV?
Six months ago Tesla was rumored to be launching a Model 2 in China with a price tag as low as RMB 160,000 ($25,000), though this was denied…
Analysts calculate how Tesla could launch ‘Model 2’ with price tag of $25,000
While Tesla executives have denied there were plans to launch a $25,000 'Model 2,' analysts are envisioning the product's arrival.
Tesla refutes reports of $25,000 Model 2 as fake news
Reports that Tesla is developing a $25,000 vehicle are circulating widely among Chinese Internet users today. In response, Tesla has dismissed…