Practice English Speaking&Listening with: A Tesla For 25K?! Say Goodbye To Gas

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During the 2020 Tesla Battery Day conference, Elon Musk announced the company's next car

will be the smallest and (by far) cheapest Tesla yet - a hatchback with some radical

new battery technology. Want to know more about it? Make sure to stay till the end of

the video to know all about it! But before we start, make sure to hit the subscribe button

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The Tesla Model 2 is the company's cheapest and most affordable automobile. Tesla CEO

Elon Musk promised a vehicle that would be less expensive than the Model 3, and he appears

to have delivered on that promise. The most exciting automobile of the decade will revolutionize

the way EVs are built and viewed by bringing mobility to the masses at a reasonable price.

The corporation has yet to issue an official statement. However, it is expected that the

Tesla Model 2 with a price tag of $25,000 would be unveiled soon. Given Tesla's reputation,

the car's design improvements should be rather impressive. The 25,000 beginning price, which

makes it cheaper than the Tesla Model 3, is intended to help the firm achieve the long-awaited

price parity between electric vehicles and their gas-powered rivals.

At the Battery Day event, Elon Musk promised a fully autonomous vehicle, but given the

low price, it's expected that the autopilot technology, which costs $10,000 presently,

will not be included. Tesla will have to put in a lot of effort to make up for the low

margins. To reduce production costs, the Model 2 will undoubtedly require some adjustments

and concessions. For example, Tesla could use the same casting equipment to create a

body type based on the existing Tesla Model 3 or Tesla Model Y. The production of the

Tesla Model 3 and Model 2 will lower manufacturing costs and boost economies of scale. As front-wheel-drive

cars are less expensive to produce than rear-wheel-drive cars, the car will have a single motor layout.

The Tesla Model 2 is predicted to have 200 horsepower and 255 pound-feet of torque and

the ability to accelerate from zero to 60 miles per hour in six seconds. The vehicle

will compete against EVs such as the Nissan Leaf and Chevrolet Bolt due to its modest

size and small battery cell. Now, vehicles in this category typically have a driving

range of 200 miles. Still, the Tesla Model 2 is projected to have a driving range of

at least 250 miles per single charge to meet Tesla's internal quality standards.

The company is likely to use lithium iron phosphate 4680 (LFP 4680) batteries currently

made by Cable Technologies in China to reduce battery costs. LFP batteries are less expensive

than lithium-ion batteries, costing less than $100 per kilowatt-hour in China. The 4680-battery

design allowed Tesla to eliminate the usage of nickel in the cathodes, resulting in a

14 percent cost decrease per kilowatt-hour. Compared to lithium-ion batteries, LFP batteries

have a longer charging life cycle and are predicted to last for over a million miles.

As LFP batteries have a lower energy density, the total range of vehicles is limited. They

are thought to be the best option for small, uncomplicated electric vehicles. Tesla will

most likely use a typical complete cell driving system in Model 2. The base variant will come

with a smaller battery pack compared to modern electric vehicles with improving battery technology.

Considering its small power pack, it is expected that the miniature car will function admirably.

This isn't the first time we've heard about Tesla automobiles having small batteries and

long ranges. Tesla Model S traveled up to 625 miles in 2012 with an 85-kilowatt-hour

battery pack. Tesla Model 3 covered up to 322 kilometers in 2019 with its 72.5-kilowatt-hour

battery. Tesla battery cells are recognized to be the best globally, and the company's

structural solutions have allowed it to reduce the number of parts needed in finished vehicles.

The company's innovative battery solution is both less expensive to produce and safer

to use.

The Tesla Model 2 is intended to be faster than the average budget-friendly automobile

on the market. With its compact battery pack, it will provide exceptional performance. Once

the Model 2 is available for purchase, it has the potential to enhance sales. The Model

2 is likely to be unveiled later this year; however, we should note that production will

take several years. It will become the mainstay of the electric industry. The price of the

Model 3 is expected to decline following its release, as most people will opt for the Tesla

Model 2. The Tesla Model Model 2 appears to be a scaled-down counterpart of the Tesla

Model 3. As it resembles an existing model, it will save on production expenses, bringing

the entire price of the electric vehicle closer to the speculated $25,000 number. The company

will need a very minimalist interior and dashboard design to keep costs down. With the new incentives

in place, you could theoretically purchase the Model 2 for half the price.

On the 8th of January, it was reported that Tesla had already designed the Model 2 and

will begin manufacturing at the Gigafactory soon. The release date for the inexpensive

compact automobile is set for 2023. Tesla picked China for Model 2 production because

Chinese work's quality, creativity, intellect, and speed are all important factors. To some

extent, all of the projects that have been carried out in China have earned popularity.

Tesla has announced that it is building a research and development center in China.

Musk stated that Tesla would produce the car in China for the entire world. Tesla began

hiring for the new development center in mid-January. Tesla's new Model 2 is expected to start production

at its Giga factories. According to some sources, the new vehicles were built on the Tesla Model

3 chassis, which explains why they were developed in such a short amount of time. The new Tesla

Model 2 will be shown to the public in November, according to Chinese media, during the Guangzhou

auto show. The new vehicle's range is expected to be from 350 to 450 kilometers. However,

with only 18 feet in length, the vehicle may prove to be too little for American tastes,

but the United States is not the only country in the world. India, as well as African and

European countries, might be potential Tesla buyers, making it a popular EV alternative.

As you may know by now, Elon Musk's master plan for Tesla included a list of the company's

primary aims, the first of which was to build a low-volume, expensive car, then use the

money to create a medium-volume car at a reduced price, and finally utilize the funds to build

a more cheap, high-volume automobile. He claimed that their goal has always been to create

an affordable electric vehicle and that they could probably manufacture a fully autonomous

$25,000 Tesla in roughly three years, which would have been September 2023 at the time.

In February, an official government report from the Tesla Shanghai Gigafactory stated

that Tesla aims to add a new cheaper model that would be designed and produced at the

Shanghai site as soon as 2022. In an interview with a Chinese media site, Tesla China's president,

Tom Zhu, indicated that the next $25,000 Tesla car would be created with China in mind but

offered globally. There is no set date, but based on what we've heard from Tesla's official

China division, we know they're working on a new compact hatchback model that will cost

around $25,000 US and be slightly smaller than the Model 3. If and when the new Tesla

Model arrives in the United States, particular consumers may be able to get it for as little

as $19,000 if the new EV tax credit plan passes. If we anticipate some year-over-year growth

in Tesla's US sales, we may estimate that if the Green Act is passed, Tesla will likely

receive the $7,000 tax credit for an entire calendar year, which would cover 400,000 vehicles

sold in the US. Suppose the bill is passed later this year, and the Tesla Model 2 timeline

somehow matches the rumor and is ahead of schedule. In that case, it may be possible

to purchase the $25,000 Tesla Model 2 in the US and receive a $7,000 tax credit, bringing

the total cost down to $19,200 after accounting for Tesla's required documentation and delivery

fee which is currently $1200. If this happens, you could obtain a new Tesla for around $20,000,

which would be a significant success and a massive slap in the face to gasoline vehicles,

especially when compared to other similar compact hatchbacks in the same price range

as the Toyota Corolla hatchback. Even if the $7,000 tax credit does not pass or is no longer

available by the time the Model 2 arrives in the United States, the Model 2 will still

fill a significant void in the compact hatchback market, where the Toyota Yaris and Honda Fit

have been phased out. Of course, upgrades like complete self-driving or the different

paint color will cost more. However, the base Model 2 is still a Tesla at its core, with

the unrivaled drivetrain, battery economy, and high safety standards that Tesla prioritizes

in all of their vehicles.

With that, we've come to an end! I hope you found this informative. Let us know your thoughts

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