When will the affordable Tesla begin production?

The budget Tesla, developed under the codename E41 and claimed to be 20% cheaper than the Model Y, will enter mass production in the US, Germany, and China with an estimated price of around €30,000.

In previous quarterly reports, Elon Musk indicated the first half of 2025 for the production of affordable models, and he may share launch dates for these vehicles during Tuesday’s shareholder call. This would mark Tesla’s first new vehicle introduction in six years.

If the delay is accurate, the affordable Tesla, which will also be produced in Germany and sold in Turkey, may not hit the market until the last quarter of 2025.