Tesla plans to release a new and cheap electric car called "Redwood" in 2025
Kyiv • UNN
Tesla plans to start production of a new, more affordable electric car codenamed "Redwood" in mid-2025. It will potentially cost about $25,000 and will be targeted at a wider market.
Tesla plans to start production of a new mass-market electric vehicle codenamed Redwood in mid-2025. Currently, the production is shrouded in secrecy, with only unofficial data indicating that it may be a "compact crossover.
This was reported by UNN with reference to Reuters.
Details
Tesla has told suppliers that it wants to start production of a new mass-market electric vehicle, codenamed Redwood, in mid-2025. According to four people familiar with the matter, two of whom describe the model as a compact crossover.
There is a possibility that the Redwood will cost $25,000, which is $10,000 less than, for example, the price for the Model 3, which currently has a starting price of $38,990 in the United States. It is noted that in any case, the Redwood will be a more affordable electric vehicle aimed at a wider audience.
AddendumAddendum
Musk first promised to create a $25,000 car in 2020, but later shelved the plan and then returned to it. Last year, Musk said he was concerned about the impact of high interest rates on consumer demand for expensive goods like cars. Tesla then sent out "requests for quotations," or invitations to tender, to suppliers for the Redwood model and projected a weekly production volume of 10,000 cars.
Recall
Tesla halts production at its Berlin gigafactory for two weeks due to a shortage of spare parts caused by attacks in the Red Sea.
Also, UNN reported that according to SpaceX founder Elon Musk, his Starship rocket, which exploded during the last test flight, almost reached orbit.
