Detailed breakdown on Tesla's new battery design

[OKIsItJustMe]

7. Tesla announces $25,000 electric car enabled by new battery cell

https://electrek.co/2020/09/22/tesla-electric-car-cheap/

Fred Lambert | Sep 22 2020 - 8:36 pm PT

Tesla today announced an upcoming $25,000 electric car enabled by its new battery cell and coming within the next three years.

Originally, CEO Elon Musk indicated that Tesla wouldn’t likely make a car for less than $35,000.

His thought process was that with the advent of autonomous ride sharing, electric car fleets would reduce the cost of travel per mile and address the lower end of the transportation market.

However, he changed his tune over the last year and indicated that Tesla would release a cheaper electric car.

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https://electrek.co/2025/06/02/elon-musk-had-already-canceled-25k-tesla-weeks-before-denying-it-publicly/

Elon Musk had already canceled $25k Tesla weeks before denying it publicly

Jameson Dow | Jun 2 2025 - 10:57 am PT

When Tesla CEO Elon Musk publicly denied a report that Tesla had canceled its work on the $25,000 “Model 2” despite the project ending weeks prior, Tesla executives were “alarmed” by Musk’s public lie, according to a new report by Reuters.

In April 2024, Reuters reported that the long-awaited $25,000 Tesla, nicknamed “Model 2” by the public, had been canceled.

Immediately after the report, Tesla CEO Elon Musk responded, stating “Reuters is lying (again).”

However, when he made this statement, Musk knew that the report was correct, and that he had cancelled the project weeks earlier.

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