According to Loup Ventures, Tesla will begin distributing Model 2 prototypes to consumers in early 2024 

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and ramp up production of a new electric vehicle project by the middle of 2025.

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Elon Musk's electric company Tesla is rumoured to release its $25,000 Model 2 vehicle in 2024.

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Elon Musk believes that the Tesla next-generation vehicle platform

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will be able to produce electric vehicles for a quarter of the cost,

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with a fraction of the labour force, and in a fraction of the manufacturing

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space required to produce a Model 3, which now starts at $47,000.

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Tesla's 2024 Model 3 is predicted to have upgraded internals

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and a redesigned drivetrain that generates more electrical horsepower than before.

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