The $25,000 EV Has Arrived, But Not From Tesla, And That’s A Problem


Source: seekingalpha.com seekingalpha.com

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Kevork Djansezian One of the things Tesla, Inc. (NASDAQ:TSLA) investors put their hopes on, is the arrival of the Tesla Model 2, codenamed "Redwood." The Tesla Model 2 Redwood is supposed to be priced at $25,000 and arrive in 2025. So far, it's been described as a compact crossover, so below the Model 3/Y in size. For Tesla to be able to sell this car at $25,000, a manufacturing revolution is promised. Tesla investors put their faith on this car, as being the model which will push Tesla’s volume and (they hope) share price up again, from the current malaise....