Tesla CEO Elon Musk has repeatedly promised to bring more affordable EVs to market but has so far failed to pull it off. Now, however, a report indicates the Texas-based automaker is getting ready to follow through with a compact crossover that could be available by mid-2025 at a starting price of $25,000. More from Headlight.News.
Tesla delivered 485,000 vehicles during the fourth quarter, bringing total sales for the year to 1.8 million, an all-time record. But the automaker fell short of the 2 million target CEO Elon Musk set early last year. And it has BYD, breathing down its neck, even though that major Chinese competitor has yet to enter the North American market.