Tesla $25,000 Low-Cost Electric Vehicle Project
Sector: Automotive • Location: USA
Source: ET Auto
Tesla planned an all-new $25,000 electric vehicle, often 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 touted as a testbed for groundbreaking manufacturing innovations to lower EV costs. However, the project was canceled, and Tesla shifted focus to self-driving robotaxis and stripped-down versions of existin
- Status
- Closed
- Sector
- Automotive, Manufacturing (Industrial), Electric Vehicles (EVs)
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- ET Auto
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Project Information
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, often 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 touted as a testbed for groundbreaking manufacturing innovations to lower EV costs. However, the project was canceled, and Tesla shifted focus to self-driving robotaxis and stripped-down versions of existing models (Model 3 and Model Y). The affordable models have been delayed and no pricing has been announced. |
Original sector | Automotive |
Budget |
Location
Country | United States of America (USA) |
Source
Source | ET Auto |
URL |
More Details
Record type | Project |
Sector | Automotive, Manufacturing (Industrial), Electric Vehicles (EVs) |
Article published date | 2025-06-04 |
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