Tesla’s $25,000 China-Made Model to Sell Worldwide, Says Executive

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Tesla ‘Model 2’ concept by Alwin Art

At last year’s Battery Day event, Tesla made mention of a $25,000 (USD) electric vehicle (EV), informally dubbed the Model 2, which would become available within the next few years, according to past reports.

In an interview, Tesla China President Tom Zhu told Chinese state media outlet Xinhua Net that the company’s highly-anticipated and rumored $25,000 (USD) car will eventually be designed in an R&D center at Gigafactory Shanghai and sold globally (via Teslarati).

Along with the news of the car’s future global sales, Zhu shared that the R&D center’s construction was already underway, and was expected to be completed within the near future.

Zhu said, “The center is in Tesla Gigafactory Shanghai, where we are now. We are now building our China R&D center right here. This R&D center is also the first Tesla R&D center outside the United States. The research and development center has all necessary disciplines, covering vehicle design, vehicle engineering, vehicle development, and vehicle testing.”

Other reports also signify that Tesla has already begun an Environmental Impact Assessment (EIA) for its newest car to-come, with road testing thought to begin as soon as the second half of this year.

All of this is to say that Tesla’s $25,000 (USD) car is getting closer to become a reality, and that’s especially good news for Tesla enthusiasts on a budget.

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