According to Loup Ventures, Tesla will begin distributing Model 2 prototypes to consumers in early 2024
and ramp up production of a new electric vehicle project by the middle of 2025.
Elon Musk's electric company Tesla is rumoured to release its $25,000 Model 2 vehicle in 2024.
Elon Musk believes that the Tesla next-generation vehicle platform
will be able to produce electric vehicles for a quarter of the cost,
with a fraction of the labour force, and in a fraction of the manufacturing
space required to produce a Model 3, which now starts at $47,000.
Tesla's 2024 Model 3 is predicted to have upgraded internals
and a redesigned drivetrain that generates more electrical horsepower than before.