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🚗 Tesla is gearing up to launch its new $25,000 Redwood electric car


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Tesla plans to start production of a new electric car for the mass market in 2025. It is a compact crossover codenamed Redwood, which will allow the company to compete with cheaper electric cars on the market. 

Tesla CEO Ilon Musk has been aggressively pushing the concept of affordable electric cars and unmanned robotaxis. The launch of the $25,000 car was promised back in 2020, but plans have been delayed.

Production of the Redwood model is scheduled to begin in June 2025, with a weekly production rate of 10,000 cars.

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