Tesla’s Affordable Electric Roadmap: ‘Model Q’ to Land Under $30K in 2025, Says Deutsche Bank

Tesla’s $25,000 Model: A Game-Changer in the Making?

Remember when Elon Musk said a $25,000 Tesla would be "pointless" and "silly"? Well, it looks like things might be changing. In a surprising twist, Deutsche Bank analysts have revealed that Tesla might be working on a new model priced under $30,000, thanks to a meeting with Tesla’s head of investor relations, Travis Axelrod.

A New Chapter for Tesla?

The new model, dubbed "Model Q," is slated to launch in the first half of 2025, according to Deutsche Bank’s Edison Yu. This would be a significant departure from Musk’s previous statements, which left many wondering if a budget-friendly Tesla was even possible.

What Does This Mean?

For consumers, this means that the Model Q could be a game-changer in the electric vehicle (EV) market. With prices starting at under $30,000, plus the potential for federal tax incentives, the Model Q could be an accessible and affordable option for many.

Under the Radar

It’s interesting to note that Musk never explicitly mentioned a Tesla model priced under $30,000, which has led some to wonder if this new development is a result of careful planning or marketing magic. Whatever the case, it’s clear that Tesla has been working on something new and exciting.

The Future of Electric Vehicles

As the world continues to shift towards electric vehicles, companies like Tesla are pushing the boundaries of innovation and affordability. With the Model Q on the horizon, it’s clear that change is afoot.

Key Points:

• Tesla’s new model, "Model Q," is expected to launch in the first half of 2025.
• The model will be priced under $30,000, including subsidies.
• The federal tax incentive of $7,500 may be eliminated early next year, affecting the total cost of the vehicle.
• Elon Musk has given his blessing to ending the EV tax incentive, citing its potential to devastate Tesla competitors.

Stay tuned for more updates on this developing story!