Tesla may have no new car coming after all as report reveals plan to launch a stripped down Model Y

[Eugene]

Source: Fortune

Tesla may have no new car coming after all as report reveals plan to launch a stripped down Model Y

Christiaan Hetzner
Fri, March 14, 2025 at 8:53 AM EDT 4 min read

• The much touted $25,000 entry level Tesla, known colloquially as the Model 2, may not be built, dashing investor hopes. Instead, future sales growth may have to come from a car without steering wheel or pedals—the CyberCab.

The biggest mystery surrounding Tesla’s product roadmap may have been lifted on Thursday, with news trickling out of China that suggests there may be no Model 2 after all.

First reported by local tech website 36kr and later confirmed by Reuters, Tesla is developing a low-priced version of the Model Y, its best seller with roughly 1.1 million units sold. This suggests that hopes of a coming entry level compact car, possibly a hatchback rather than a sedan, will not come to fruition.

The car codenamed “E41” will start production next year in Shanghai and will be at least 20% cheaper to produce than the current refreshed Model Y known as “Juniper”, according to Reuters. It could come even earlier if Juniper disappoints, sources told 36kr.

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Read more: https://finance.yahoo.com/news/tesla-may-no-car-coming-125352799.html

[CoopersDad]

1. It amazes me that they can drop the price this much and still have the same battery

I read more about this elsewhere but most of the RWD Model Y parts are the same but the finishes are different.

IMO all EVs are overpriced, I'm on my second EV after a Prius and then a Volt.

I'm waiting for a new generation of battery tech with much longer range before buying another.