Tesla’s forthcoming Model 2 is generating significant buzz following CEO Elon Musk’s announcement of its starting price of just $23,000. This price point positions the Model 2 as the most affordable electric vehicle from Tesla, nearly half the cost of the Model 3, which starts at $39,990. The Model 2 aims to democratize access to electric vehicles, making them more appealing to a broader consumer base.

In addition to affordability, the Model 2 will feature Tesla’s latest innovations, including a structural battery pack that integrates the battery into the vehicle’s frame, enhancing efficiency and performance. The car is expected to achieve a range of over 250 miles on a single charge and will utilize Tesla’s new 4,680 battery cells, which promise reduced production costs and increased energy density.

Production will take place at Tesla’s Gigafactory in Shanghai, where lower labor costs and efficient manufacturing processes will help keep expenses down. With plans to expand its Supercharger network, Tesla aims to make long-distance travel convenient for all EV users. The Model 2 could potentially reshape the electric vehicle market, making it a pivotal player in the global push towards sustainable transportation.