Tesla has reiterated plans to launch more affordable electric vehicles (EVs) by mid-2025, combining next-generation platform elements with existing production methods, according to recent company statements. The automaker aims to broaden market accessibility with models expected to start around $30,000.
Initially targeting a late-2025 release, Tesla accelerated the timeline to the first half of 2025 in early 2023, attributing the shift to streamlined manufacturing that integrates current and next-gen techniques on existing lines. The company reaffirmed the schedule in both its Q3 and Q4 2024 shareholder reports, stating production remains on track.
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While specifics about the vehicles are undisclosed, Tesla highlighted technologies from its Cybertruck that could feature in future models. These include giga-castings, a 48-volt electrical architecture, steer-by-wire, an 800-volt battery system, and bidirectional charging. Additional elements such as adaptive air suspension, rear-wheel steering, and integrated audio systems were also noted.
Analysts suggest incorporating all listed technologies into a $30,000 vehicle may prove challenging, given their premium nature. Tesla has not clarified which features will be prioritized for the affordable lineup.
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The reaffirmed timeline signals Tesla’s push to expand its EV dominance amid growing competition, leveraging cost-efficient production to meet broader consumer demand. Further details are anticipated ahead of the mid-2025 rollout.