Tesla's anticipated budget electric vehicle, often referred to as the Model 2 or Model Q, remains uncertain within the company, reflecting internal confusion. CEO Elon Musk is focused on autonomous driving and AI rather than traditional automotive competition. Many demand affordable EVs to broaden zero-emission vehicle access. A successful $25,000 model could significantly impact the market, yet Musk has previously suggested the project might be cancelled, sparking mixed responses from investors eager for a refreshed lineup that aligns with Musk's original promises for accessible family EVs.
Everybody wants more affordable EVs. Cross the $25,000 barrier, with or without any tax incentives, and you open up zero-emission transportation to a whole new class of buyers.
If any automaker could pull that off outside of China or Europe, it's Tesla. And Tesla's investors generally want the company to expand its somewhat stale lineup of cars.
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