Cheap Tesla is in the starting blocks: production is scheduled to begin in 2025. Tesla is also planning an entry-level vehicle that will go into production next year.

Codename “Redwood” is intended to produce an affordable Tesla model. The price for the entry- level electric car should be around 25,000 US dollars (around 23,000 euros) The new model will also be built at the Gigafactory in Grünheide. The plan is to produce 10,000 cars per week.