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Tesla $25,000 Electric Vehicle Project

Sector: Automotive • Location: USA

Source: Colorado Springs Gazette

Project
Cancelled

Tesla planned an all-new $25,000 electric vehicle (EV), referred to as the Model 2, intended to be a low-cost, mass-market EV designed and built from scratch on a new platform. The project was considered pivotal for Tesla's future and aimed to drive explosive vehicle sales growth. However, the project was canceled by Elon Musk, despite his public denial, and Tesla shifted focus to self-driving rob

Status
Closed
Sector
Automotive, Manufacturing (Industrial), Electric Vehicles (EVs)
Location
United States of America
Updated
22 Jul 2026
Source
Colorado Springs Gazette

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Project Information

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The project “Tesla $25,000 Electric Vehicle Project” is an infrastructure initiative in the Automotive sector, located in USA. Taiyo aggregates data on it from Colorado Springs Gazette.

Participants

Not available for this record.

Status

Original status

Cancelled

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Tesla planned an all-new $25,000 electric vehicle (EV), referred to as the Model 2, intended to be a low-cost, mass-market EV designed and built from scratch on a new platform. The project was considered pivotal for Tesla's future and aimed to drive explosive vehicle sales growth. However, the project was canceled by Elon Musk, despite his public denial, and Tesla shifted focus to self-driving robotaxis and affordable versions of existing models instead.

Original sector

Automotive

Budget

Location

Country

United States of America (USA)

Source

Source

Colorado Springs Gazette

URL

More Details

Record type

Project

Sector

Automotive, Manufacturing (Industrial), Electric Vehicles (EVs)

Article published date

2025-06-04

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