Tesla Model 2, Tesla's rival that will fight against the Volkswagen ID.3

Tesla could be working on a affordable 100% electric city car that offers a range of about 400 kilometers to compete with the Volkswagen ID.3. Rumors say that the Tesla Urban could be inspired by the Tesla Model 3Elon Musk's company is putting all its efforts into consolidating itself as the leading brand of electric cars in Europe. This intention comes after achieving unique sales figures during this quarter.

For continued success, it is critical that Tesla introduce an affordable city car to the market that can compete with models like the Kia e-Niro, the Nissan Leaf or the Volkswagen ID.3According to sources close to the market, Tesla's city car could reach the market in 2023 and will mark a historic event for the brand. All this without losing sight of its Tesla Model 3, which has been a huge success in Europe.

Tesla Model 2: Tesla could be working on a 100% electric urban vehicle

This model could be priced close to 23.000 Euros , which would make it the brand's cheapest model. Would you buy a Tesla for that price? This significant price reduction is due to the use of a new type of battery technology that Elon Musk's company is developing. This technology could reduce manufacturing costs by up to 5%. In addition, it offers up to 16% more autonomy per charge and up to five times more energy.

Elon Musk himself has already stated that "one of the things that worries me the most is that we don't have a truly affordable car, and that's something we'll have in the future. For that, we need cheaper batteries«. Mass production of this type of battery will begin next year and could cost 80 euros/kWh.

The future entry-level Tesla could offer a range of 400 kilometers, which would be provided by a battery of less than 50 kWh. However, a version could reach the market that could match the autonomy figures of the Tesla Model 3. Although at the moment they are rumors, it could be called Tesla Model 2This new model would be manufactured in the same German plant where the Tesla Model Y and Tesla Model 3 are produced.

Tesla's German plant is "the largest factory in the world" and has a capacity of 500.000 cars per year and will be critical to Tesla's growth outside the United States and China.