Elon Musk Announced Tesla Model 2 under $22K launches late 2024, First Looking & SHOCKING Price!
Elon Musk Announced Tesla Model 2 under $22K launches late 2024, First Looking & SHOCKING Price!
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00:54 How affordable is the Tesla Model 2 going to be?
02:59 How do Tesla roll out the Model 2?
08:01 What’s so special about the design of the Tesla Model 2 that has everyone talking?
13:24 How is the Model Y Juniper ready to launch alongside the Tesla Model 2?
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Elon Musk Announced Tesla Model 2 under $22K launches late 2024, First Looking & SHOCKING Price! The buzz from Tesla's "We, Robot" event still lingers, and the world is hungry for more—especially the elusive "something more" that Elon Musk hinted at just before the event.
Investors and analysts are eagerly awaiting what could be the biggest game-changer in EV history: the Tesla Model 2. Millions dream of owning this affordable electric car, and Musk recently confirmed it’s set to debut at the end of 2024, with production kicking off in 2025.
But where exactly is the Model 2 right now? Is it really as close to reality as Musk claims? Let’s dive into the truth behind this hype in today’s episode of Tesla Car World!
Elon Musk Announced Tesla Model 2 under $22K launches late 2024, First Looking & SHOCKING Price! How affordable is the Tesla Model 2 going to be?
Supply chain insiders are buzzing, Tesla’s upcoming affordable EV is expected to retail for around $21,800. That’s a number you don’t hear often when it comes to electric vehicles, especially with the Tesla badge on it. But how’s that even possible? Well, Tesla’s aiming to cut production costs in half compared to the Model 3, which currently costs about $33,600 to make. That means the target production cost for this new, smaller EV—likely to be called the Model 2, would land around $16,800.
Tesla isn’t just cutting costs for the fun of it. They’ve got their eyes set on maintaining profitability, which, let’s be real, they’re pretty good at. Even if they keep the price of this new model low, they’re planning to slap on a 30% margin on top of the $16,800 cost. So, if the car ends up selling for around $22,000, that’s a solid deal for consumers and a tidy profit for Tesla. And let’s not forget about economies of scale—once they’re cranking out millions of these things, those margins could get even juicier.
Now, here’s where things get really interesting: Tesla’s been rumored to be moving production of the Model 2’s LFP batteries to the U.S. Not only would that bring jobs back home, but it could also make the company eligible for some sweet federal subsidies. So, what does that mean for Tesla? More money in the bank, plain and simple. Even on a low-cost vehicle like the Model 2, Tesla could be looking at a cool $10,000 profit per car—multiply that by millions, and you’ve got yourself a serious cash cow.
Of course, there’s a bit of a time crunch. The federal EV tax credit, which could help push sales even further, is set to expire in 2032. So, Tesla needs to get the Model 2 out the door by late 2024, which is the current estimate. That gives them a nice head start before competitors like the VW ID.2 hit the scene in 2025.
Elon Musk Announced Tesla Model 2 under $22K launches late 2024, First Looking & SHOCKING Price! If everything goes according to plan, Tesla could be dominating the affordable EV market, racking up profits, and outpacing the competition by the time other carmakers even get their engines running. And with a starting price of $21,800, it might just change your garage too!
How do Tesla roll out the Model 2?
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