Elon Musk never ceases to amuse us. Frankly, there are so many revelations by him that it sometimes is hard to keep up. Right?
The latest is the news to revive the most affordable Tesla project.
Elon Musk in his latest reveal is paving way for a slightly compact but cheaper Tesla car.
But hold your horses, just don’t get all excited too early. We know little so far, as there is definitely more dirt needed for the story.
Let’s dig in!
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Small Price Big Dream: The $25,000 Tesla
Have you ever dreamt of owning a Tesla? Luxurious, high-tech, environmentally friendly cars have become the symbol of success for many. But their hefty price tag can certainly put a damper on those dreams.
Introducing (again) Small Price Big Dream: The $25,000 Tesla Car. Yes, you read it right. Again!
At the beginning of the year, Elon denied working on a $25,000 Tesla car. He said Tesla’s focus is on the Semi and Cybertruck for the moment.
Now, the coveted $25,000 Tesla Model 2 is still in pipeline, according to the latest reveal by Musk. However, there are still no solid updates on more details of the project.
“At this point, we’ve done the engineering for Cybertrucks and for Semi, and, so, it’s obviously against what we’re working on, which is the next-generation vehicle, which will be probably about half the cost of the 3/Y platform, it will be smaller, to be clear,” said Musk in investors meet.
But let’s not let that stop us from dreaming about the possibility of owning a Tesla at an affordable price.
Better late than NEVER, right?
Imagine, with a more accessible price point, Tesla could easily dominate the market and revolutionize the automotive industry even further. It could also pave the way for other car companies to follow suit and potentially bring down prices across the board.
Where Is Tesla on the Promised Vehicles?
There is no set date for the promised cheapest Tesla launch so far. However, Elon Musk has assured that their primary focus has shifted to developing the cheapest Tesla that he first promised in 2020.
The current focus is on the $25,000 Tesla car, but it is like finding needles in a haystack, Isn’t it?
So, what do we know so far to crack the ongoing Tesla riddle to possibly autonomous future-ready upcoming projects?
No Not Cybertruck. The $25,000 Tesla Car. Duh!
$25,000 Tesla Dream Is Kicking
In the January meeting of 2021 Q4 investors meeting, Elon dismissed the idea to consider working on the $25,000 car for the moment. Why?
Elon said there is just so much on the plate with the backlog, Cybertruck, Robotaxi, Semi, and WHATNOT!!!
Although, what was promising at that time was the fact that there is hope for the cheapest car to happen as he chipped in the words to work on it “at some point.”
The recent reveal of working on a project to cut the production cost in half rekindled the $25K EV dream once again.
To top the flames even higher, Elon predicted the sales of this variant to cross every other Tesla combined. Excited much?
Well, looks like a $25,000 Tesla is indeed in the making.
Can you think of one reason why Elon must be going for the more affordable road?
But, there is definitely a strategy to win-over trust or gain larger market potential with the news.
Think of it, Semi and Cybertruck are still taking time to get the show on the road(will talk about that in a while). What better way to revamp the game for Tesla enthusiasts than give them the ultimate tool to happiness?
$25,000 Tesla Car!
Semi, Cybertruck, Robotaxi, & Roadster
The more affordable model will not share its DNA with anything on the potential production line. Why? Simple, they are nothing but cheap.
Semi-truck is an altogether different league, but the delays in getting it to production are eating up the interest of a lot of Tesla lovers.
That doesn’t mean they don’t want to own a Tesla, just tired of waiting!
The list of Tesla projects is way too long to comprehend, but the list is pretty exciting. Semi, pickup truck, Robotaxi, and a super-sports car.
The massive and chic-styled semi-truck looks awesome, to say the least. Just look at it with some heart, and you will see how ahead of its time Tesla is with the semi.
The interior is BREATHTAKING!!!
500 miles on a full charge is pretty neat for a truck that too at $0.20 every kWh consumption. The semi launch in 2017 gave a lot of stir to the automobile media, and PepsiCo was the one to place the biggest order booking 100 semi-EV trucks.
The due date was long delayed but the recent update from Tesla confirms Pepsi delivery for Dec 1, 2022. Well done, Tesla!
The most stylish and the most awaited thing in the current automobile times is indeed the Tesla Cybertruck.
The charisma and the excitement are so much that every tweet with Cybertruck gets huge love from netizens but can the $25K marvel be based on its platform? Highly unlikely.
If you are to believe there are numerous recent updates with Cybertruck pictures taken inside the Texas Gigafactory.
Moreover, the IDRA Giga casting press delivery is another assurance of the squeaky progress for Cybertruck’s tooling phase.
This Halloween 2022 Simpson show had Tesla Cybertruck in a cameo for them. Just imagine!
Seems like the Simpsons are a big fan of the Tesla clan. Yup! They do!
Robotaxi again is one far-fetched dream that sounds amazing but, at the same time, too good to be true.
Sharing blood and sweat with the most affordable Tesla seems impractical for Robotaxi.
Oh did we forget to remind you, the Robotaxi would be all self-drive, without a wheel and pedals. Hence the name. So cheaper version goes out of the picture.
And yes, the wait is not getting any shorter than 2024.
The little beast was always the talk of the town since its debut in 2017. Elon promised to go all out with the two-seater by 2020, later delaying it to 2023.
0-60mph in just two seconds. That is fast. But hang on, let’s wait and watch how that turns out, for real.
Two for One Target Strategy
The two-for-one is an old-but-never-told strategy that Tesla is following to make way for its electric vehicles. Elon, in 2006 shared a post where he kinda shared his master plan with the world.
The Secret Tesla Motors Master Plan (just between you and me) by Elon Musk!
Ring a bell?
He said his business model includes entering the premium market with a Roadster and shoving back the profits to produce more affordable models with time.
So essentially speaking, Tesla made some serious profits with high-end models starting with Roadster, Model S, and Model X. Later, using the money to invest in R&D and simplifying the production chaos.
The masterplan is:
- Build sports car.
- Use that money to build an affordable car.
- Use that money to build an even more affordable car.
- While doing the above, also provide zero emission electric power generation options.
- Don’t tell anyone.
The strategy actually worked in Tesla’s favor in the past if you notice the Tesla launches a bit closely. The most popular Tesla so far, the Model 3, is half the price of the Model S. Moreover, Model Y again is half of Model X. Loosely.
The ideology here is simple smaller the size, the lesser the cost in a way. The future might dwell on a similar path, but how it is done is what we need to see.
Tesla needs to scale up production to get to a half-cost future. The recent talks further amp up the status quo on the reliability of lithium-ion battery packs for production.
Tesla is shifting to iron-based cathode batteries in the years to come.
The iron-based LFP battery packs would mean a major cost reduction in production models. However, currently, CATL is supplying that in China but getting it in America is still a big deal.
Simplifying the battery problem can solve reducing production costs by using more sustainable chemistries. More news awaited though!
Why Do Affordable Cars Matter?
Elon Musk’s statement that the development front is all in sync to launch Cybertruck and Semi sooner makes you hope for the $25,000 EV.
Tesla has not only continuously failed to meet its goals of delivering affordable electric vehicles, but the same happened while shifting to more pricey (but sassy) models.
Every automaker in the current date is focusing on making profits amidst the long-going challenges to get chips and supplies. People go crazy every time there is an event or new launch of a pizzaz EV.
As people keep feeding those dollars, automakers’ focus would remain on prioritizing the high-margin models.
This explains the huge crushing delivery backlog on Tesla’s part. (2,93,000 as on 6 October 2022)
Not everyone has $60-$70K to afford high-end EVs, to be honest. This may be why Tesla is revaluating its choices to launch new more affordable models.
Autonomous or not, people want to own their own little beast to travel. Therefore, there are more than just a few reasons to shift to more affordable options to offer to the masses.
Remember, every less-expensive Tesla is a SUCCESS.
Many skeptics are questioning how this can be achieved and if it’s even realistic. But let’s not forget that this is the same man who sent a car into space.
If anyone can make this happen, it’s Musk and his team at Tesla.
Elon Musk Take On Current & Future Offerings
Elon Musk is known for his innovative thinking and forward-thinking companies like SpaceX, SolarCity, and Tesla. The $25,000 Tesla car is just another example of Musk’s commitment to outperforming the ordinary.
Musk was reluctant to give a timeline when asked about the new car. From our experience, we know that Tesla usually doesn’t introduce any new cars in years where there’s no big product launch.
The company’s current line-up includes luxury electric vehicles like the Model S and Model X, but with the release of the more affordable $25k car, Tesla is proving their dedication to making electric vehicles accessible to a wider range of consumers.
Not only will this lower-priced option make owning a Tesla more attainable, but it will also make a huge impact on the current automobile industry.
Is Giga Casting the Answer to a Cheaper Tesla?
Do you like Hot Wheels? We sure do and looks like Elon Musk has a fair love for the technique.
The 9000 tons massive Giga press is the newest talk of the town. More because the machine is specifically designed for Cybertruck production at Gigafactory Texas.
This might give way to an interesting discussion, perhaps Tesla could use the tech to do a sooner version of its affordable version? Something to consider right?
If things go all well and as Tesla plans, the Tesla fleet might look pretty impressive from models ranging from a semi to the most affordable EV on the planet.
Well, well, well, Giga casting to the rescue? Maybe or maybe not.
What do you think?
What to Expect?
The remarkable growth is something that shines through the recent development of Tesla. There are still some concrete updates needed from the automaker’s side to ensure the timeline is matched as promised.
So far, so good though.
Throughout its history, Tesla has consistently pushed the boundaries of what is possible in the world of electric vehicles. Their commitment to releasing a $25,000 EV only further proves their innovation and dedication to a more sustainable future as Elon seems to promise.
The question on everyone’s mind: Will Tesla eventually release a $25,000 car?
The major problem is that we currently have reasons to believe that an affordable Tesla car might never be released. (no sign of Cybertruck on roads so far!)
If it does come out eventually at some point in the future, take note of the word “eventually.”
In the meantime, sit tight and wait for more juicy stuff to come from us and Elon Musk!