Tesla's 'Model Q' Speculated to Launch in 2025 as Affordable EV Option

Reports suggest Tesla may introduce a sub-$30K electric vehicle next year, though skepticism surrounds its feasibility and timeline.

Deutsche Bank claims Tesla plans to launch a new entry-level EV, dubbed 'Model Q,' in the first half of 2025, priced under $30,000 with tax incentives.
The 'Model Q' is reportedly separate from Tesla's autonomous Robotaxi project, which is also slated for release in the coming years.
Elon Musk has expressed skepticism about the viability of a $25,000 non-autonomous car, stating it would conflict with Tesla's focus on self-driving technology.
Analysts and online commentators have questioned the credibility of the Deutsche Bank report, citing Tesla's inconsistent track record with product announcements and timelines.
Tesla faces growing competition in the EV market, with rivals like GM and Honda offering more affordable and attractive alternatives to Tesla's current lineup.