I will not get into the whole thing here — that’s why I wrote this explainer last October — but Tesla once was working on a $25,000 car to be built on the same next-gen platform that will power the upcoming Cybercab.
That changed, and now Tesla is working on mysterious new models that will be built on existing production lines and will likely cost more than $30,000.
Tesla has been saying, including in today’s shareholder letter, that those new models “remain on track for start of production in the first half of 2025.” But then CFO Vaibhav Taneja very clearly said on the call that the company is launching “a more affordable model in the first half of 2025” — clearly using the singular.
We’d ask Tesla’s press team to clear this up, but Musk disbanded it years ago.
