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"Tesla's 2025 Compact Crossover: Affordable EV or $25,000?"

1 min read
Source: The Verge
"Tesla's 2025 Compact Crossover: Affordable EV or $25,000?"
Photo: The Verge
TL;DR

Tesla is reportedly planning to start production of a new mass-market compact crossover in June 2025, potentially the long-teased $25,000 car, as it faces competition from Chinese automaker BYD. CEO Elon Musk has previously mentioned the $25,000 price target, but the company has struggled to meet aggressive price targets in the past. The new vehicle, codenamed ‘Redwood,’ could help Tesla compete in the electric vehicle market and is expected to be developed alongside an autonomous robotaxi.

Topics:businessautomotivetech#000-car#automotivetech#compact-crossover#competition#dollar25#electric-vehicles#tesla
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  1. Tesla's new compact crossover is reportedly coming in 2025, but will it cost $25000?  The Verge
  2. Exclusive: Tesla plans to build new electric vehicles in mid-2025  Reuters.com
  3. Tesla is reportedly building a compact crossover codenamed 'Redwood'  Engadget
  4. Tesla Plans New Mass-Market EV in Mid-2025, Reuters Says  Bloomberg
  5. Tesla to start making cheap car next year, sources say | REUTERS  Reuters

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