- Elon Musk, CEO of Tesla, dismisses the idea of a $25,000 EV as pointless and silly
- Musk envisions a future focused on autonomous vehicles
- However, he emphasizes the need to make electric vehicles affordable for all
During Tesla’s third-quarter earnings call, Elon Musk shifted his stance on the concept of a $25,000 electric vehicle that he had previously championed.
Musk stated that Tesla will only produce a $25,000 EV as a robotaxi specifically designed for autonomous ride-sharing, rather than as a conventional consumer vehicle, as reported by InsideEVs.
He explained, “Having a regular $25,000 model is pointless. It would be silly. It would be completely at odds with what we believe.” Musk reiterated his belief that the future of transportation lies in autonomous vehicles.
Tesla Robotaxi Cybercab
Recently, Tesla unveiled the autonomous Cybercab and Robovan concepts, signaling their commitment to a future dominated by self-driving vehicles. Musk announced that the Cybercab, priced under $30,000, will be launched before 2027, emphasizing the company’s proactive approach to autonomous driving.
Although Musk had previously outlined plans for a $25,000 Tesla in 2020, touting it as a game-changing entry-level EV, the focus has shifted towards autonomous technology. Despite initial indications of progress on the affordable EV project, conflicting reports have emerged regarding its development status.
$25,000 Tesla teased for 2023 – Battery Day
Despite uncertainties surrounding the $25,000 Tesla project, Musk remains committed to making electric vehicles accessible to all consumers. He emphasized the importance of affordability and announced plans to introduce more affordable models by the first half of 2025, aligning with Tesla’s mission to revolutionize the automotive industry.