Tesla will release “Redwood” – its cheapest electric crossover in 2025

January 29, 2024Дар'я Балагурчик1 min read1,371 views

Tesla has announced the launch of its newest electric car in mid-2025. According to Avtopilot, the electric crossover codenamed Redwood will be produced starting next year.

Tesla will release “Redwood” – its cheapest electric crossover in 2025

Tesla CEO Elon Musk has previously announced the company’s plans to produce electric cars at affordable prices starting at $25,000. This will allow Tesla to compete with economy-class gasoline cars and Chinese electric cars, in particular those produced by BYD.

Initially, Tesla was supposed to release its first budget electric car at a price of about $25 thousand. back in 2020, but today the most affordable model from the manufacturer is the Model 3 sedan, which is sold in the United States at a price of $38,990.

In 2023, Tesla invited several suppliers to join the Redwood project, announcing plans to produce 10,000 cars a week. Production is scheduled to begin in June 2025.

Walter Isaacson, the author of Elon Musk’s biography, said that Tesla plans to release a low-cost self-driving taxi and an electric car priced at $25 thousand, which will be based on the same platform.

Sources

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