Tesla to Release New EV Model in Mid-2025 - Reuters
Tesla to Build New Electric Vehicles in Mid-2025 - Reuters
- Tesla has told suppliers it wants to start production of a new mass market electric vehicle codenamed "Redwood" in mid-2025.
- The model is described as "a compact crossover."
- Musk had first promised to build a $25,000 car in 2020, a plan he later shelved and then revived.
- Tesla sent "requests for quotes," or invitation for bids for the "Redwood" model, to suppliers last year.
- The company forecasts weekly production volume of 10,000 vehicles.
- Production would begin in June 2025.