Tesla to release cheap Model 2 as well as Model S and Model X facelifts in 2025
Tesla is on track to unveil its cheapest vehicle, dubbed the Model 2 or Q, alongside a refreshed Model Y and updated Model S and Model X models in 2025. The company's chief engineer Lars Moravy has emphasized that the new car will not compromise on quality compared to its existing lineup. To achieve this balance, Tesla is focusing on optimizing performance, efficiency, and affordability.
- By offering a more affordable option, Tesla aims to expand its market reach and increase customer base, which could have significant implications for the company's overall sales and revenue.
- How will the introduction of a new entry-level model impact Tesla's strategy for targeting environmentally conscious consumers and establishing itself as a leader in sustainable energy solutions?