Tesla may have no new car coming after all as report reveals plan to launch a stripped down Model Y 

Quick Summary:

It looks increasingly likely that the much touted $25,000 entry level Tesla known colloquially as the Model 2 will not be built.

First teased as costing $25,000 back in September 2020, the low-cost car has long been for many investors a bigger strategic priority than the Cybertruck, with estimated annual sales in the millions.

The car codenamed “E41” will start production next year in Shanghai and will be at least 20% cheaper to produce than the current refreshed Model Y known as “Juniper”, according to Reuters.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Christiaan Hetzner

Category: EconomyBusiness

Markets: United States

Topics: Electric vehicles Tesla Elon Musk Analysts Autos

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-14 @ 12:53:52 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 697 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 175 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 26991626

View Article Analysis

About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 42 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

Publisher Details

Frequently Asked Questions