Tesla had been hinting for a long time about a smaller model to be built on a new platform. As many speculations were made about the electric car, which will be positioned below Model 3 and will be much more affordable, an unexpected step came from Tesla.

The new car signed by Tesla is about to hit the roads

Tesla made a significant announcement about their new vehicles at today’s annual shareholder meeting. Although company CEO Elon Musk stated that this meeting was not the right place to introduce a new product, he did not hesitate to provide important information about the brand’s new car.

Elon Musk confirmed during the presentation that Tesla is currently working on two different models. Alongside his announcement, the popular business figure shared a visual of the brand’s new model. Although there aren’t many details in the shared image where we see the silhouette of the car, it gives us some ideas about the vehicle.

The words Elon Musk used in his announcement were quite attention-grabbing. Musk used the word ‘produced‘ instead of ‘designed’ for their new models. With this statement, we can say that Tesla’s long-awaited vehicle is much closer than expected.

New model expected to have a price tag of $25,000

The new small electric car from Tesla, which is expected to be introduced soon, is expected to have a price tag of $25,000. It was said that the vehicle, expected to be named Tesla Model 2, would have a hatchback body style. However, after the latest shared visual, it’s also being considered that the vehicle could be a small SUV. The second mentioned vehicle is thought to be a ‘robotaxi‘ offering fully autonomous driving.

Tesla has high expectations for its two new models, which will be built on a new platform. Company CEO Elon Musk believes that these vehicles, with their affordable price tags, will achieve an annual sales success of 5 million units.

With its Model S, Model 3, Model X, and Model Y, Tesla has proven its claim in the electric car market. The American company can increase its market share even more with its new cars. So, what do you think about Tesla’s new car model? You can share your opinions with us in the comments section.