Tesla consistently claims it will produce more affordable items. However, it continually postpones these plans.
Tesla is once more postponing the release of its cheaper variants,
new report from
Reuters
Citing three sources, this claim suggests. Following repeated failures to provide the affordable versions they have often pledged, the firm has opted to concentrate onRobotaxis and autonomous technology instead.
The car—which has been called the Model A, Model 2, Model Q and internally the E41, per
Reuters
—is supposed to be a cheaper vehicle based on the Model Y. The idea is to use a paid-off platform to make a de-contented version that’s cheaper to produce, allowing Tesla to provide the sub-Model-3 entrance point it has promised for years.
But that’s being back-burnered yet again, according to this report. While Tesla has claimed that more affordable models would arrive in the first half of 2025, the sources tell Reuters that it may not arrive until late 2025 or early 2026. This follows the time-honored tradition of Tesla product cycles: Promise something you can’t do yet, but say it’s just around the corner. When you get close to the originally announced timeframe, delay, but maintain that it’s coming soon.
To be honest, this isn’t unexpected. Tesla finds itself in a difficult situation, and launching an affordable model at this point is particularly challenging. Not long ago, products bearing the Tesla logo were selling rapidly, akin to how fast ice cream sells during summertime. However, nowadays, that same emblem seems more of a drawback than an asset. There’s been a surge in Tesla trades-in coupled with falling prices for pre-owned Teslas. Despite various attractive offers, sales have taken a hit globally. Adding to their woes, their single genuinely novel offering from the past five years—the Cybertruck—has failed to meet market expectations significantly.
(This story is evolving. We will keep updating it.)
