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Rumors have emerged about the Tesla Model Q, a new budget-friendly electric vehicle.

Rumors have emerged in China regarding a new budget-friendly Tesla electric vehicle, the Model Q, priced under $30,000 (just over three million rubles at current exchange rates). Insiders have indicated that the automaker plans to unveil several new electric models in early 2025.
Tesla Model Q: слухи о новом доступном электромобиле начали распространяться.
Планы по выпуску бюджетного электромобиля на презентации Tesla  / © Tesla

According to data from the portal Global ChinaEV, Tesla is set to launch production of a new electric vehicle named Model Q in the first half of next year. The project has the codename Redwood and will be 15% smaller and 30% lighter than the Model 3. Insiders have reported that the electric car will feature an LFP battery available in configurations of 53 and 75 kilowatt-hours, as well as options with one or two motors.

However, this is likely just a rumor, as Elon Musk previously canceled plans for new, more affordable Tesla electric vehicles to focus on developing autonomous Cybercabs and Cybervans.