This is great news about a possible Tesla 2 @$22K
Still not sure I'd buy an affordable Tesla (quality ranks low) but have to believe a bunch of other auto companies will meet the challenge for <$25K prices. But considering how Tesla prices bounces up and down at the whim of Musk, wouldn't be surprised if this turned out to be a <$35K car.
Model 2 priced at US$22,000 may look like smaller Model Y as Tesla plans for 2 million production rate at Giga Mexico - NotebookCheck.net News
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Model 2 priced at US$22,000 may look like smaller Model Y as Tesla plans for 2 million production rate at Giga Mexico
Production of Tesla's cheapest Model 2 electric vehicle will reportedly be split between North America, Shanghai, and Giga Berlin, with initial preparation for 4 million units. The Model 2 may be similar to Model Y in design, claim insiders, just much smaller, and could cost 150,000 RMB (US$21,800).
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Tesla is gunning for a 50% reduction of the Model 3's US$33,600 production cost estimate. With the recent drop in lithium carbonate prices and the fact that the Model 2 will be assembled in Tesla's most efficient Gigafactories, a sub-$17,000 production cost won't be hard to achieve. If Tesla indeed sells it for a US$22,000 or so starting price, that will keep its gross margin and the economies of scale can only widen it further as production ramps up.
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The current supply chain rumor sources here note that the Model 2 production start is "at least a year away," so the announcement could happen as soon as 2023.
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