Tesla says it plans to launch a 'more affordable' car in 2025 | Mashable.

Tesla says it plans to launch a 'more affordable' car in 2025

The details are painfully scarce, though.
By Matthews Martins on 
There's very little clarity on what's actually coming, though. Credit: Smith Collection/Gado / Contributor

It's happening - albeit a little later than originally planned.

On Wednesday, Tesla had its quarterly earnings call for Q3 2024, with the financials looking healthy: Revenue and earnings went up year over year (8% and 17%, respectively, with Tesla's energy generation and storage business performing exceptionally well (a 52% increase). The company's profitability increased, making up for quarterly deliveries which, at 470,000, were slightly lower than expected.

But after the somewhat disappointing 'We, Robot" event, in which Tesla showed us a robotaxi, robovan and a robot which won't hit the market for years, the big question was: When is the company launching that cheaper car it promised a while ago?

The short answer is: We don't really know what is being launched. But we do know a bit more about when it's being launched.

"Preparations remain underway for our offering of new vehicles — including more affordable models — which we will begin launching in the first half of 2025," the company said in its earnings report.

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While this is vague — we don't know how many new models are coming, and which one of them will come first — it gives hope that the company will launch a more affordable Tesla (perhaps the rumored Model 2) fairly soon.

Tesla did provide a little more info about this during the call. "As Elon and Vaibhav both said, it’s our plan to meet that in the first half of next year. Our mission has always been to lower the cost of our vehicles to increase the adoption of sustainable energy and transport. Part of that is lowering the cost for current vehicles," a company rep said, before CEO Elon Musk jumped in and started talking about the Robotaxi (CyberCab) which he says will cost "30k" "with incentive."

When asked for more clarity on when, exactly, Tesla plans to launch the "$25,000 non-robotaxi regular car model," Musk went into a rant about the future being all about "autonomous electric vehicles," before saying that "having a regular 25K model is pointless."

"It would be silly. Like it would be completely at odds with what we believe," he said.

It sure appears he was talking about the Robotaxi, as he reiterated: "What we designed is optimized for autonomy. It will cost on the order of — cost roughly 25K, so it is a 25K car. And you can — you will be able to buy one exclusively if you want. So, it just won't have steering wheels and pedals."

(Do note that Elon is contradicting himself by saying the CyberCab (Robotaxi) will cost $25,000 after claiming it will cost $30,000 with incentives (so, roughly $37,000) just minutes ago).

All of this makes it incredibly unclear as to what, actually, is being launched in the "first half of 2025," given that the Tesla is planning to launch the Robotaxi "before 2027" but no sooner than 2026. Will the current models get cheaper? Will there be a "more affordable" new Tesla that costs more than $25,000 but still less than the cheapest Model 3, which costs $42,490 before incentives? Will it just be some sort of a trimmed down variant of the Model 3 or Model Y? We'll have to wait and see.

Topics  Tesla

Comments

  1. While Musk is involved I'll buy anything but a Tesla

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  2. So what planet does he plan on launching this car to?

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  3. Elon Musk endorses Trump. I'm never buying a Tesla.

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    Replies
    1. you really focus your entire life around hate?

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    2. no, I think he focuses his life on supporting people with good morals and values - not people who promote hate as a way of life

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  4. That's going to happen right after the Roadster finally hits production.

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    Replies
    1. I am putting you under arrest if you don't send me a friend request, and If you wonder what you did wrong, you made me view your profile picture for more than an hour, using charm on your goddess's face to me. Yes, am arresting you for being pretty.????

      Delete
  5. You have to love the negative comments coming from people that achieved close to nothing. 😂👍🏼

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    Replies
    1. the irony is strong with this one.

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    2. I was going to go with ‘The Farce is Strong with This One’ but irony definitely works. 😂

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    3. agreed! It’s borderline comical!

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    4. when daddy leaves you millions it's easy

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    5. I believe they have achieved critical thinking. Brands are all about how people feel about a product. Right now, because Leon has alienated his consumer base with his personal and professional antics, and his dark politics, the Tesla brand and Twitter x are taking a big hit. That’s on him. 100%.

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    6. who is Leon? Just kidding.

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    7. his pal donOLD called him Leon at a rally.

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    8. oh. lol. It's no big.

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    9. When are you planning on buying one??

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    10. You have to love the simping comments coming from people that achieved close to nothing. 😂👍🏼

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    11. Woe! Another candle of career achievement!

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    12. Woe! Another candle of simp achievement!

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    13. hey troll that’s just like what Dave posted above. That’s how I know you’re a troll.

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    14. The in word: “simp” and “simping”- I wish I had an education🤪 I could chat with Dave!🥳

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    15. unlike you Dude, who achieved a serious mono-brow 🤷

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    16. Tell us all about yourself Dude, be a beacon of achievement, an example to many!

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    17. I believe this “Dude” is a simp-bot.

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    18. Dude troll comment, posted below again by someone else under a different name

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    19. Just don't you know them personally? Nothing means "materially" right? Like in shallow stuff

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    20. that’s priceless coming from someone who can’t afford a last name 😜

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  6. Maybe they can start by not charging a subscription for heated seats.

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  7. Maybe launch one that works the way you bragged it would back in 2018

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  8. I wouldn't get one even if it was free.

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  9. I’ll pass. I vote with my $$$

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    Replies
    1. I am putting you under arrest if you don't send me a friend request, and If you wonder what you did wrong, you made me view your profile picture for more than an hour, using charm on your goddess's face to me. Yes, am arresting you for being pretty.????

      Delete
    2. I block and report scammers

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  10. Gotta be cheap so the boys in the basement can hope to buy one.

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  11. We'll wait and see?

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    Replies
    1. I am putting you under arrest if you don't send me a friend request, and If you wonder what you did wrong, you made me view your profile picture for more than an hour, using charm on your goddess's face to me. Yes, am arresting you for being pretty.????

      Delete
  12. I won’t buy a Tesla until Elon Musk is gone

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    1. I am putting you under arrest if you don't send me a friend request, and If you wonder what you did wrong, you made me view your profile picture for more than an hour, using charm on your goddess's face to me. Yes, am arresting you for being pretty.????

      Delete
  13. Will it also be a death trap but faster to kill because it’s cheaper?

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    Replies
    1. I am putting you under arrest if you don't send me a friend request, and If you wonder what you did wrong, you made me view your profile picture for more than an hour, using charm on your goddess's face to me. Yes, am arresting you for being pretty.????

      Delete
  14. I saw a autonomously driving Tesla backing up the wrong way through a parking lot a month or so ago. Quite a site. Almost backed into a woman who was driving the correct direction.

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    Replies
    1. I am putting you under arrest if you don't send me a friend request, and If you wonder what you did wrong, you made me view your profile picture for more than an hour, using charm on your goddess's face to me. Yes, am arresting you for being pretty.????

      Delete
  15. So either you made this up or Business Insider is spreading false information, cuz it doesn't sound like ol' Musk is gonna follow through with that promise (much like most of that man-babies verbally vomited 'promises'):

    https://www.businessinsider.com/elon-musk-building-regular-tesla-pointless-self-driving-earnings-stock-2024-10

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    Replies
    1. I am putting you under arrest if you don't send me a friend request, and If you wonder what you did wrong, you made me view your profile picture for more than an hour, using charm on your goddess's face to me. Yes, am arresting you for being pretty.????

      Delete
  16. That's odd. I read other reports that Tesla is putting off the more affordable car indefinitely, and Elon even said it was contrary to their long term goals- that the robotaxi (and implication, weaning people away from car ownership) was more important.

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  17. While their CEO jumps for joy with a fascist candidate on stage.
    https://giphy.com/gifs/Lpq971XNG225N9Ld3p

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  18. He's screwed himself because the people who are most likely to buy an EV are Democrats. A lot of Republicans despise them. Have fun trying to sell those electric lemons Elon😂

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  19. I wouldn’t buy a Tesla product if it was for one dollar

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    Replies
    1. I am putting you under arrest if you don't send me a friend request, and If you wonder what you did wrong, you made me view your profile picture for more than an hour, using charm on your goddess's face to me. Yes, am arresting you for being pretty.????

      Delete
  20. There are better electric vehicles than Teslas, out in the world

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  21. Sure, because there a limit to how many luxury cars he can sell. Of course he wants a bite of the mass market.

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    Replies
    1. the current entry tesla is luxury?

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  22. I’m ok with Musk, but I’d never buy an electric car.

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    Replies
    1. I’ve no problem with electric cars. But I do have a problem with Musk!

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  23. If the expensive cars are pieces of crap, what will the cheap ones be?

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  24. nobody gonna buy they are death traps

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  25. I still won’t buy one.

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    Replies
    1. I am putting you under arrest if you don't send me a friend request, and If you wonder what you did wrong, you made me view your profile picture for more than an hour, using charm on your goddess's face to me. Yes, am arresting you for being pretty.????

      Delete
  26. Who cares, the cars just wreak ❗️

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    Replies
    1. I am putting you under arrest if you don't send me a friend request, and If you wonder what you did wrong, you made me view your profile picture for more than an hour, using charm on your goddess's face to me. Yes, am arresting you for being pretty.????

      Delete
  27. Elmo’s projections? Not exactly trustworthy. #nevertesla

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  28. … and launch a thinner rocket in Uranus 🤷🏻‍♂️😎👋🏻👋🏻

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  29. So poorer folks can crash and/or catch fire too?!? How generous of him. 🙄

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  30. I would never buy a MUSKLA.

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  31. Tesla cars are useless

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  32. Launch? Musk is sending a cybertruck to Mars?

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    Replies
    1. Nah, the moon is the only place they can operate without corroding 😂

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  33. Musk is a ketamine addict 🤡

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  34. Another broken promise I guess...

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    Replies
    1. did you not attend school long enough to understand that a “plan”doesn’t always reflect reality?

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    2. https://media1.tenor.co/m/sYVnin5X9xsAAAAd/facepalm-dismay.gif?

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    3. Did you have lagging understanding of all the lies from Musk...?

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  35. Bernie is right, it’s an oligarchy not a democracy.

    Elon Musk Gets Reminder From the DOJ That Paying People to Vote Is a Crime Punishable By Up To 5 Years in Prison
    He’s given away $4 million to four swing-state voters so far, with plans to continue through Election Day.

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  36. Define 'affordable'!

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  37. Anyone that buys an Elon Musk car is crazy!!!!!!!!

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  38. https://media1.tenor.co/m/XYMCSWgDsJkAAAAd/do-it.gif?

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  39. For the red states

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  40. Just wondering, are MAGAards cool with Tesla and buy them now?

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    Replies
    1. They despise EV vehicles because they are part of the WOKE agenda.

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    2. Please...if Soggy Diapers tells all his Chomo supporters to support Testicla, they'd all be in line and slap on a Don't Tread on Me bumper sticker. 😅

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  41. Dems are the ones that bought your cars, and now we hate you!! Good luck!!

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  42. Don't want a fascist car near me. I don't want to scratch them, I must.

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  43. Ooooohhhh! Who cares?

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  44. With millions of recalls🤣

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  45. Tesla is fraud company. Selling plastic car with expensive price tag. 👏👏
    If you disagree with me; owner of tesla can unscrew door panel to see what’s inside 😂🫡

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  46. SO WHAT THE HELL HAPPENED TO THE 8K TRUCKS ALL THESE MAKER TOLD ABOUT !???????????????????????????????????? https://www.youtube.com/watch?v=6IRQdXOfBmM&t=30s

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  47. Not giving my money to a nazi.

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  48. Jamais un centime pour cette ordure de Musk 💩💩💩💩💩

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  49. Launch it off a cliff

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  50. Please, no more Cybertrucks, AKA Deploreans

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  51. Fak News and make more money 💰

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  52. That's the end goad, to help accelerate the world's transition to sustainable energy and making these vehicles be more affordable for everyone. If anyone is considering a Tesla vehicle, please kindly consider using my referral link to place your order. You’ll get $1,000 off! https://ts.la/richard560909

    ReplyDelete

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