A $ 25,000 Tesla could arrive very soon

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Statue: Tesla

You may be willing to pay a large sum of money for a Tesla electric car, but you still can’t meet the cost of, say, a Model 3. For those who dream of a model of the company, an affordable version could be whole search.

We’re talking about that $ 25,000 model (which would most likely increase in price if it goes to Europe) that Elon Musk’s company has announced as a possibility for the future. Now, and due to some documents disclosed about the gigafactory in Shanghai, this version could be out sooner than you think.

Last year Elon Musk said this would be possible thanks to the company’s own production of new cells and batteries. As Musk said then:

Tesla is going to build an attractive $ 25,000 electric vehicle that is also fully autonomous.

In addition, Musk added that the new “cheap” electric car would hit the market in about three years, when Tesla increased production of its new battery cell.

Now, and according to the new Shanghai Gigafactory documents presented to the government, Tesla plans to add a third cheaper model to be produced in that center from 2022. As explained via Weibo:

The new Tesla home models will be produced directly at the Gigafactory in Shanghai. The position and selling price will be lower than that of its Model 3, and the price of the new car is expected to remain unchanged. Mass production and delivery can take place as early as 2022 between RMB 160,000 and RMB 200,000.

Time will tell if that 2022 date is real, but even if it wasn’t and eventually an or two years later, lWhat does seem clear is that Elon Musk’s company is willing to launch a model that will entice anyone thinking of going electric. [Electrek]

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