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Podcast: Elon Musk Podcast
Episode: Tesla to launch $30,000 Model Q Car 2025
Description:
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Tesla is reportedly gearing up to launch a new affordable vehicle, tentatively referred to as the 'Model Q,' in the first half of 2025. Deutsche Bank analysts, following a recent meeting with Tesla's head of investor relations, Travis Axelrod, disclosed the vehicle's projected price—less than $30,000 when including subsidies. Without U.S. EV tax credits, the price could rise to $37,499. Analyst Edison Yu characterized this move as part of Tesla's strategy to expand its total addressable market (TAM), with the Model Q joining a lineup potentially augmented by other...