The vehicle, codenamed ‘Redwood,’ could be the entry-level $25,000 car that Tesla has previously teased, and would help it compete with Chinese automaker BYD.
The company’s CEO Elon Musk has previously teased a next-generation Tesla car with a more affordable $25,000 price point. He mentioned the price target in a 2018 interview with YouTuber Marques Brownlee
Right... expect to see these $25k cars on the market right after the first Hyperloop is finished and the first Mars colony is established
I highly doubt it will be under 30k. I'm guessing Musk will say due to inflation, but we'll see. An under 30,000 EV that isn't garage would be a pretty big game changer assuming it will have an actual real world mileage over 215 miles