Tesla's $25, 000 Car: A Twisty Tale

Elon Musk, Tesla's CEO, recently said a $25, 000 car with a steering wheel and pedals is "pointless. " But why the change of heart? Let's dive into the story. In 2020, Musk talked about a $25, 000 Tesla at the Battery Day event. He said new battery tech would make this possible in three years. But what kind of car was he talking about? Some thought it would be a robotaxi, others a regular car with software for self-driving.In 2022, Musk announced they weren't working on this car yet, but still planned to. Then, in 2023, it was revealed that two cars were in the works: a robotaxi and a regular car. But in 2024, Reuters reported Tesla scrapped the regular car idea. Musk denied it at first, but later confirmed it. Now, Tesla is working on new, affordable models using ideas from the scrapped project. The Model 3, which starts at $42, 000, might get cheaper. But will we ever see a $25, 000 Tesla? Only time will tell.