The US electric car manufacturer Tesla wants to bring its smallest and cheapest car to the market to date in two years. The “Model 2” should cost around 21,000 euros and thus compete with the VW ID.3, among other things.
With an advance into the low-priced segment, Tesla wants to cement its status as the world’s most successful brand for electric mobility and assert itself against the growing European competition. According to the British magazine Autocar, a compact car with the name “Model 2” designed in China and sold worldwide in two years. Compared to its predecessors, that would be “Model 2” With an estimated sales price of 21,000 euros, it is by far the cheapest vehicle in Tesla’s history.
European competition is great
With the design suitable for the masses and affordable price, the Elon Musk company wants to achieve the success of the closest in price “Model 3” tie in. Like the mid-range car, many Tesla models are currently sold out for months. The car manufacturer has various sales records.
An inexpensive alternative could also be worthwhile, as inexpensive models from other manufacturers such as the Volkswagen ID.3, Nissan Leaf or Kia Niro are becoming more and more popular with electric car drivers. At the end of 2020, Elon Musk announced that a compact car for the European market was being planned.
According to Autocar, the compact car will only go into production when all the planned Tesla plants – such as the Gigafactory in Brandenburg – have been completed. From the end of 2021, up to 500,000 electric cars per year should be able to be produced here. This is the only way to meet the expected high demand.
Tesla is keeping a low profile on technical details
To the technical details of the “Model 2” little is known so far. However, experts assume that the electric car can unwind a minimum range of 400 kilometers and has the extraordinary acceleration that is usual for Tesla.
So far, Tesla has only confirmed that before “Model 2” various other publications would be pending. In addition to the sensational Tesla Cybertruck, the new generation of the roadster and the Tesla Semi truck tractor will initially go on sale.
Almost all of these models are like that “Model 2” rely on the new battery cell type 4680. The battery was originally intended for the first time in “Model S Plaid+” can be used. However, the car was never produced. Tesla expects the battery to produce five times as much energy and expand the range by 16 percent at only half the cost of production compared to the current standard.

I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.