Was at a ‘Friendsgiving’ and a guy was talking about the Tesla Model 2 being an entry-level Tesla that would rival the Toyota Camry pricewise. But I don’t see why Tesla would cut into their Model 3’s sales like that. Plus the model 3 is fairly cheap nowadays with price cuts
A new lower cost compact Tesla has been “planned” for some years now. There have been comments saying it won’t be called “Model 2”
It is likely to be a Corolla class vehicle, not Camry. Pricing is claimed to be around $25,000 before incentives. The big thing that most people seem to miss is that it will likely be a higher margin vehicle than most people expect for that class. I don’t understand why people think it will hurt Model 3 sales. Corollas sell well, but Toyota still sells plenty of Rav 4s.
It has been delayed up to now because 1. The COVID mess and all the supply chain woes that kicked off, and 2. the slow development of the 4680 cells which Tesla found to be more of a challenge than they thought. It is now starting to ramp up, but the Cybertruck has priority. My feeling is once it is proven, they can duplicate new lines much faster and for less money than other designs.
6 responses down for a good answer.
I really hope they make a small hatchback. My wife drives a model 3, and it is bigger than I like when I go into DC, particularly the older parts of town. My car is coming up on 20 years old, and I will definitely be getting a small car when I replace it. If Model 2/Q is a small hatchback, it will likely be the choice. If it’s a crossover or not available in US, I will be buying something else.