Tesla Model 2: Now it's supposed to come after all!

So, finally? Elon Musk is known for making grandiose promises and then later fulfilling them in a reduced manner or sometimes not at all. The same goes for the back-and-forth with the Model 2, the planned entry-level Tesla. Musk had temporarily canceled it in favor of his robotaxi: The robocab would bring more margin and had more future potential, according to Musk's explanations. However, such vehicles are exorbitantly expensive and will not generate large volumes for the foreseeable future – and they operate in a niche! At least there is a black-and-white sketch in Musk’s biography showing what such a robotaxi could look like: like a Cybertruck that came together with the first Honda Insight...

But back to the Model 2: As the Tesla lineup slowly ages with honor and Tesla sales are weakening worldwide, Musk can no longer present investors with new significant growth rates in deliveries and production; on the contrary, he must expect declines in all model series. Additionally, especially European, but also Asian high-volume manufacturers are positioning themselves in the electric vehicle segment between 20,000 and 30,000 Euro. For customers that Tesla can never reach.  

The Model 2 would kill several birds with one stone

The Model 2 would kill several birds with one stone: It seeks to attract new customers and bring volume to further grow Tesla's sales. And Tesla can produce cheaply. We assume that Musk will use affordable LFP batteries like in the Model-3 base model, with which at least 400 km range according to WLTP can be achieved. Tesla can be efficient and cheap. Musk once raved about 480 kilometers, which might apply to a more expensive Long-Range version. For comparison: The eCMP models from Stellantis (Opel Corsa Electric and others) reach about 420 km with a 54 kWh battery according to WLTP.