Tesla may be closer to producing the US$25,000 electric vehicle sooner than the market thought, according to media reports. At Tesla’s Battery Day in September 2020, Elon Musk said that the EV maker would produce a US$25,000 vehicle , probably in three years. “Tesla will make a compelling $25,000 electric vehicle that is also fully autonomous,” Musk said back in September. According to documents in Chinese about the Gigafactory Shanghai shared on Twitter by Tesla fans, the Tesla “Model 25k” could be coming out of China as soon as 2022. The previous assumption was that so cheap a Tesla would hit the market in 2024-2025, according to Tesla Facts. “Tesla could import them to Europe and offer them for €24,900 – addressing vast majority of the European automotive market by revenue,” Tesla Facts says, noting that by using Model 3 chassis as basis “they won’t compromise on safety.” Tesla […]