Just a few days after announcing details about the powerful Cyber Truck, Tesla opens the doors to another shocking innovation that could be available to everyone, unlike other models practically unaffordable due to their prices.
This is the Tesla Model 2, that according to Elon Musk could be launched by 2023, and would be valued at 25 thousand dollars, significantly lower than what we are used to from this North American electric car company.
Such a low price would allow it to compete well against its main European rival, Volkswagen ID.3, and open to many new customers who cannot afford to pay for the average Model 3, so far the most accessible version in the lineup.
Although it is known that the model will not have the technological advances seen on the Model S Plaid or the Roadster, both of which come at an extremely high cost. On the other hand, if Tesla succeeds in completely achieving the full autonomous driving software, the new model would have no pedals or steering wheel.
Musk’s intention is that his highest-volume model will also be the first to incorporate Level 5 Autopilot robotic driving. However, this decision is up in the air and pending the progress made both in the final development of the system, apart from the legal constraints still in force, especially regarding the European Union.
Why is the Price Going Down?
Although the details of the new prototype have not been specified, Musk argues that the best way to lower costs is to reduce battery prices. By creating new batteries, production costs would be reduced and the vehicles would become more powerful.
On the last Tesla Battery Day, Elon Musk announced that the company is working on a new battery called 4680: it is twice the diameter of current batteries, increasing the vehicles’ range by 16% and would cost 14% less per KWh.
Everything indicates that the Tesla Model 2 will be produced at the factory in Shanghai, China, capable of assembling 450,000 vehicles per year. Meanwhile, Tesla will open in the coming weeks a European plant, located in Berlin, to produce the Model 3 and Model Y.
