Everything we know about Tesla's new entry-level model (Model 2 / Q)

The rumor mill is churning: Tesla is working on a more affordable electric car, often unofficially called "Model 2" or "Model Q." According to Elon Musk, this "Next-Gen Car" is expected to be unveiled in the first half of 2025 – and thus earlier than many had thought. But what can we say about the new model so far?

Project Redwood: Codename for the Entry-Level Model

Internally, Tesla refers to the project as Project Redwood. External observers expect a compact vehicle somewhere between the size of a MINI and a Model 3. Goal: a mass-market electric car that is more affordable and opens up new buyer segments.

Important: Tesla has confirmed that this model will be closely related to the so-called "Cybercab" to reduce costs through shared components.

Production in Giga Texas?

Originally, Tesla wanted to build the new entry-level model in its Gigafactory in Mexico. Due to political developments and potentially rising tariffs, Tesla now seems to prefer Giga Texas as the production site. There, the new model could be manufactured side by side with the Cybercab.

Shared Platform:
- Both vehicles are likely to share the same drivetrain and numerous components, such as a smaller battery and a weaker single motor on the rear axle.

Premium Appeal Despite Affordable Price

Tesla wants to continue to give its models a premium feel, even in the entry-level segment. According to Lars Moravy, Tesla's VP of Engineering, the company is focusing on novel materials and higher efficiency for this.

Paint-Impregnated Panels:
- As with the Cybercab, paint-impregnated plastic parts could be used to make scratches less visible while simultaneously reducing production costs.

Range and Efficiency

The Next-Gen Car is expected to get a new, even more efficient drivetrain. Although it is a more cost-effective model, it is expected to have a range that more than meets urban traffic needs.

Expected Battery:
- Based on estimates from the Cybercab, the entry-level model could have a range of 220 to 270 miles (approx. 350 to 435 km) range, albeit with a smaller battery.
Wireless Charging?
- Rather unlikely – this expensive technology will probably remain reserved for higher-priced Teslas and the Cybercab for the time being.

How affordable will it be?

There was long talk of a $25,000-Tesla, but that dates back to 2021. Meanwhile, inflation is noticeable, and Tesla has remained silent on current prices.

Realistic forecast:
- Around 30,000 US dollars before any subsidies. With government subsidies and fuel savings, the entry-level model could become a real alternative for many customers.

Possible unveiling and release

Elon Musk has already spoken of a special event that could be closely linked to the new referral program.

Schedule:
- According to the Q4 Earnings Call, the presentation is to take place in the first half of 2025 – not much time remains.
- A market launch towards the end of 2025 to early 2026 is considered likely.

Conclusion

The next major chapter in Tesla's history is about to begin. With the Next-Gen Car, the company could take a huge step to finally bring e-mobility into the mainstream. High-quality materials, a more affordable price, and sufficient range should be convincing. Whether the rumors are true, we will likely find out in the coming months – and the excitement is mounting day by day.