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Elon Musk confirms a new low-cost Tesla model is coming in 2025

Elon Musk has confirmed that a "next-generation low-cost" Tesla EV is in the works and is "optimistic" that it'll arrive in the second half of 2025.

Elon Musk has confirmed that a "next-generation low-cost" Tesla EV is in the works and is "optimistic" that it'll arrive in the second half of 2025, he said in an earnings call yesterday. Musk previously stated that the automaker is working on two new EV models that could sell up to 5 million per year, combined. And people are often surprised that the the highest-output... car factory in North America is in the San Francisco Bay area.

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