For years, Tesla CEO Elon Musk has been promising an affordable electric vehicle, likely priced at $25,000, as a way to broaden the appeal of plug-in vehicles.
He first mentioned it in a 2018 interview with YouTuber Marques Brownlee, saying “a $25,000 car, that’s something we can do.” Then in 2020, at the company’s first Battery Day event, he speculated that Tesla could eventually produce upward of 20 million of these vehicles in a year — or roughly twice the current production of…
