ELON MUSK CONFIRMED TESLA MODEL 2 REDWOOD LAUNCHES IN DEC! CLOSER LOOK ABOUT DESIGN, SPECS AND PRICE

EV Channels Review

This video delves into the highly anticipated Tesla Model 2, codenamed 'Redwood,' confirming its expected launch by the end of 2024 with production starting in 2025. The core appeal lies in its projected affordability, with a target retail price around $21,800 and a production cost of $16,800, aiming for a 30% profit margin. The review highlights Tesla's strategy to halve production costs compared to the Model 3, leveraging existing platforms and Giga Press technology for efficiency. Design elements will borrow from the Model Y and 3, with potential for hatchback and crossover variants catering to different markets. Battery technology is expected to be LFP, possibly the new CATL Shenxing, offering fast charging. While the exact specifications are under wraps, a range of 230-310 miles is anticipated. The video also touches upon the Model Y Juniper refresh and Tesla's broader ambitions in robotics and autonomous driving, positioning the Model 2 as a crucial step in democratizing EV ownership.