New Tesla Model 2 = Game OVER for Gas
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The new $25,000 Tesla "Model 2" compact hatchback could be even more affordable when it hits the US.
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In Elon Musk’s master plan for Tesla it includes a list of the company’s main goals, which in part one was to create a low volume, expensive car, then use that money to create a medium volume car at a lower price, then use that money to create a more affordable, high volume car. He then went on to say their goal has always been to make a truly affordable electric vehicle and said they could probably make a fully autonomous $25,000 Tesla about 3 years from now which at the time would be referring to September 2023. This was confirmed just last month when there was an official government report from the Tesla Shanghai Gigafactory that showed Tesla is indeed planning to add a new cheaper model that will be designed and produced at the Shanghai facility as soon as 2022. Jumping into the potential timeline of the new Tesla Model 2, last week Tesla China’s president, Tom Zhu, confirmed in an interview with a Chinese media outlet that the upcoming $25,000 Tesla car will be designed with China in mind but sold globally. Obviously there is no confirmed timeline, but based on what we’ve heard from the official Tesla China division we do know they are for sure developing a new compact hatchback model that will cost around $25,000 US and will most likely be slightly smaller than the Model 3. If and when the new Tesla Model does make it to the US it can possibly have an even cheaper price tag of around $19,000 for some customers if the new EV tax credit bill gets passed. If we assume some year over year growth on Tesla’s US sales let’s be conservative and guesstimate that if the Green Act does get approved then Tesla may very well have the $7,000 tax credit for an entire calendar year to cover 400,000 vehicles sold in the US. Here’s where our optimistic hat comes into play: If the bill does get passed later this year and if the Tesla Model 2 timeline somehow matches the rumor and is ahead of schedule, then it could be possible to buy the upcoming $25,000 Tesla Model 2 in the US and get a $7,000 tax credit to bring the cost down to $19,200 after factoring in Tesla’s required documentation and delivery fee which is currently $1200. If it does happen that means you could get a new Tesla for under $20,000 and it would be a huge success and giant smack down to gasoline vehicles, especially when it’s competing with other similar compact hatchbacks like the Toyota Corolla hatchback which are around that same price range. Even if the $7,000 tax credit doesn’t get passed or it’s gone but the time the Model 2 comes to the US, the Model 2 will still fill a big gap in the compact hatchback market where the Toyota Yaris and Honda Fit have been discontinued. You’ll of course need to pay more for the extras like full self driving or another paint color, but at the end of the day the base Model 2 is still a Tesla at its core and will still have the unmatched drive train, battery efficiency, and the high safety standards that Tesla prioritizes in all their vehicles.
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Andy Slye14 days ago
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Bill Gates11 hours ago
Comments??? FORBES.COM Editors' Pick|Nov 19, 2020,12:16pm EST|25,418 views Tesla Reliability Sinks In Consumer Reports Annual Study Ed Garsten Senior Contributor Transportation Teslas Model Y No one expects to have to give their car a trim after taking delivery, but one Tesla TSLA -4.8% customer reported finding hair in the paint of a new Tesla Model Y. That was only one example of poor workmanship on Tesla’s newest model consumers reported in the 2020 Consumer Reports Vehicle Reliability Study. Tesla’s overall poor performance in the annual study placed it SECOND TO LAST among the 26 ranked brands. Ford’s Lincoln brand was dead last, while the Ford brand was dragged down by struggles with its Explorer and Escape. www.forbes.com/sites/edgarsten/2020/11/19/tesla-reliability-sinks-in-consumer-reports-annual-survey/?sh=376c6ac75fbb
John Oliveira4 days ago
Boa tarde ! Pelo amor de Deus ! estou passando por muita dificuldade! sem nada para comer sem trabalho ! que pode fazer um pix no valor de R$ 1,00 vai me ajudar! chave pix 13908746728 Obrigado se pode ajudarö
uTubeStalker DotCom4 days ago
so still will be about $30k after incentive +$8k self driving option
HEYOKA EMPATH4 days ago
there are other places to charge it, there at all tesla dealerships for free, all hospitals for free, some rest stops. some whole foods, you can try any car dealership see if they let you if it’s not busy, all malls have them. I suggested gas stations should start implementing them in cause or they soon start to go out of business and that seems like a waste of money to install a system after the fact. Don’t hack into the system how does that help the economy. plus why would you say that now that companies just gonna change the code.
John Oliveira6 days ago
Boa noite ! estou passando por muita dificuldade! sem nada para comer sem trabalho ! que pode fazer um pix no valor de R$ 1,00 vai me ajudar! chave pix 13908746728
Mustang Chef15 minutes ago
not in a texas winter..uslikes.info/house/ZmVoldGBr29-fbY/video.html....stock going down like Space x
Matthias Noriel56 minutes ago
May be a good daily but gas is still more convenient when going longer range trips. Also I would not be surprised if China suddenly has their own company with EV cars that look similar to tesla
mr dashinHour ago
Nice, hot hatch. Exactly what Tesla needs.
Diy_eBike Battery techevolutionHour ago
Greate and good job made..new future for all people, nice
Joe Furrer2 hours ago
The only way this will work if they go to solid state batteries . A waste of money the car will be wore out within 5 years. Too slow of a charging time with the old battery technology. No long road trips for those people.lol
ka fai Lo3 hours ago
No more China, please!
Hank Scally3 hours ago
It will probably happen...but on big ticket items like a car, I will NOT EVEN CONSIDER anything made in China, even if it does have an american nameplate on it. I'd rather save up for a used model 3.
John Diaz3 hours ago
Haha. Electric cars are still NOT RELIABLE. No matter the price.
Daniel Drury3 hours ago
Ok so they have the Tesla Model. S,3,X,Y. Sexy, right? They can do a model 2, a Model D and a Tesla Max. And it would be "SEXY 2 D Max"
CarpeDiem13x4 hours ago
*all the sheep that were brained washed that EV's were the solution. Learn some science and at least fake to be harder to fool*
Sam Leyton5 hours ago
This globalism make me sick, a want to puik watching this video.seeing how an American company is making a dictatorship like chine rich while it's own people has to wait for government checks to keep them as slave's.the same dictatorship is consuming tons of cold,gas and petrol and laughing at our faces thinking;look at them, giving us their shit to build while we do whatever we want.this is happening because we gave the power to a bunch of clown's like elon to fullfil his dream(of frustration)of being the new tesla.this world as become an idiotic place to leave in
Brittany Cartee6 hours ago
Yes! I want to be the first in line to buy one, or maybe two.
Deanox3606 hours ago
It took 10 months to build a factory!? AND deliver the first car to the customer!? Here in the UK it would take us 10 months to decide whether we should start thinking about the possibility of considering to build such a factory... and then another 10 years to build it..
D W7 hours ago
Don't give "Private Internet Access" your bank details, they are a very dodgy company who blatantly steal money from their customers
("RNA0ROGER")7 hours ago
I doubt it will be exported from China the price point of export products is higher than something produced within the same continent
lobStar8 hours ago
I will not be in a hurry.
Bill Gates11 hours ago
Ahhhh, ONE moment partner FORBES.COM Editors' Pick|Nov 19, 2020,12:16pm EST|25,418 views Tesla Reliability Sinks In Consumer Reports Annual Study Ed Garsten Senior Contributor Transportation Teslas Model Y No one expects to have to give their car a trim after taking delivery, but one Tesla TSLA -4.8% customer reported finding hair in the paint of a new Tesla Model Y. That was only one example of poor workmanship on Tesla’s newest model consumers reported in the 2020 Consumer Reports Vehicle Reliability Study. Tesla’s overall poor performance in the annual study placed it SECOND TO LAST among the 26 ranked brands. Ford’s Lincoln brand was dead last, while the Ford brand was dragged down by struggles with its Explorer and Escape. www.forbes.com/sites/edgarsten/2020/11/19/tesla-reliability-sinks-in-consumer-reports-annual-survey/?sh=376c6ac75fbb
Franco Rimoti12 hours ago
Some countries who are producing gas won’t be too happy...
Andrew B12 hours ago
The problem I see with all these electric vehicles is the environmental impact of the lithium iron in the battery’s. Where they get it from and where the waste / used ones go. If it’s a renewable source then it’s ok and if all the electric used to charge them is eco friendly green power like from wind or water turbine power plants it’s ok. I like what Elon Musk has done, just having automatic vehicles are crap for driver skill. So many bad drivers out there and can’t drive a manual gearbox car. I would consider an electric vehicle if the power and battery’s are green and it has a manual gearbox.
victor murillo13 hours ago
Smaller than a model 3. Too small for an American body.
Graeme Eddington14 hours ago
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Ed Kelly15 hours ago
Did the world forget about the Wuhan Virus already? I didn't, and I won't be buying from China if there is an alternative product produced elsewhere in the world. China released a virus on the world and then lied about it for as long as they could. The Wuhan Virus has killed some of my family members and friends. Out of respect of those that died I will not buy from China.
Lewisfam2315 hours ago
Gas ain’t going anywhere love the ev movement but gas will be here for a very long time
jayphelps41515 hours ago
As long as cars shoot fireballs and wake up the neighbors i hate itll never be a end to gas powered cars
Retire Soon15 hours ago
LOL..the lowest quality car sold in the country.
Swan147115 hours ago
$19k? That's about £10k in real sustainable money right?
Ricky Sylvester15 hours ago
I will never buy a full electric car.
Joe Tairei15 hours ago
Will a U.S. Model 2 be manufactured in California?
david knox16 hours ago
The 2016 claimed ‘$35k Tesla’ m3 is still almost $40k out the door for a bare bones version. They have made almost no cost improvements despite 35gw of battery production in sparks.
Steve’s Howtoinfive16 hours ago
👍🇦🇺
Henri Nevermind17 hours ago
I'm you Identify the HATCHBACK with being a HATCH BACK vehicle. Not a TRUNK like a large majority of youtubers who don't understand the difference between the two.
LOLO17 hours ago
So made in China means a $19-$25k Tesla. If it has the same features and capabilities of my 3, I’m going to be lit. On the other hand, I wouldn’t mind getting it as an A to B car.
Barry Rudolph19 hours ago
Game over for Gas? Not hardly. Most EV's are charged at night which means that unless one is storing solar power for use at night they are charged by burning fossil fuels.
E O20 hours ago
It's not "gas" you bloody idiots.
Owl FlavoredRaven20 hours ago
the model 3 is like 50000 in my country
_Suburban_20 hours ago
But what happened to Cybertruck?
Steven Porter21 hour ago
Seriously. I wouldn’t pay $10k and maybe that’s too much for someone who lives in the real world.
Caderbavah Siddicl23 hours ago
Thank lots brother...
Angel MartinezDay ago
China design? So it’ll control everything we do and make us use a point system to see who’s allowed to drive it ? Lol
PetreDay ago
WOW..19.000$? sounds great!!!! Oh yeah,...still waiting for the 38.000$ Model 3...
Seb WDay ago
Electric Cars will die 😀 Nobody want this crap
SWade VlogsDay ago
Never thought I would be interested in a EV vehicle but being open minded rearranged my thoughts. The turn around time on this car could be earlier too.....I wouldn’t be surprised.
RS2RussDay ago
On the other hand: uslikes.info/house/pWyLlMiL2GWNhJU/video.html
Bryce DeeneyDay ago
This car would be the final nail in the coffin for the automakers who haven’t made significant developments in battery technology.
Wilfred PrinsDay ago
It would still be more than 40k euro in europe with all the taxes the EEUSR is charging
Bob FgDay ago
Let's see it delivered first.
Derek BeckDay ago
That sounds good I might have bought it but you lost me as soon as you said made in china 👎
Abdallah Flieh2 hours ago
You are made in china bro. You don't even know it 🤣
Jessica willisDay ago
if they keep there maintenance bullshit up its not gonna sell well 100%
Calan MacLeodDay ago
Where does the electricity come from?
SiXiS4Day ago
I find this interesting
UnknownDay ago
*When they turn electric off for there new agenda what will you do then*
Ls Sl14 hours ago
A gas generator?
RickDay ago
Made in China = no bueno
Cal LDay ago
Everyone keeps on talking about electric car... Sure they have their place. But exactly how are you going to find the magic infrastructure and the pure amounts of electric energy itself to charge them? Cool if you have 5% electric cars, but what about 50% 80%? This is like the office courier with 3 days of experience making suggestions to change company direction. Wars are not fought on paper.
seriouskiteDay ago
OK we are still Fossil fueling in So. Cal here. Paying close to 4.00 per gal. Waiting on a 25 K or under EV. Aptera EV checks alot of boxes. I mentioned on another video of yours. Thoughts and hopefully the in depth dive. Respect and enjoy your excellent content. Love the Tesla CT just need info. for me to sell the CFO wife on going Aptera first. Here are the magic words "do whatever you want" I'm close. Thanks a bunch Andy.
Kiwi DaveDay ago
Tesla needed a Model 2 or $20,000 car years ago, Tesla four car models are way too US centric in design and now they are losing market share and getting beaten in sales in Europe and China. Tesla will peak in 2021 as medium term trajectory is failure.
video menarikDay ago
NIO IT WATCHING
Ian KlingensmithDay ago
I want one.... and that’s saying something
aftonlineDay ago
I'll believe it when I see it. Elon will drag his feet over making a cheap car as it won't be as profitable as the more expensive ones.
Enrico De Lascio12 minutes ago
It would be, for the sheer number of vehicles solf
Tim5Day ago
For $25K I can buy more useable car.
Schmovid 84Day ago
And once everyone buys one electricity costs will skyrocket , and there will be rolling blackouts all over .
Bill Gates11 hours ago
After Texas problems, there is a story on how US infrastructure is not currently capable of supporting plans for all Electric... Yet many Democrat Cities on the West Coast are BANNING Natural Gas for New Construction! Sorry, I am an Electrical Engineer, Electric cooking and Heat are horrible compared to Gas..
Fran14 hours ago
no
Peter PandaDay ago
If it has 4wd I’m sold
D RockDay ago
Tesla needs to get into the RV space.
Dale WalkerDay ago
Soon to be produced in India ......... Yeah Team !
James SohnDay ago
EV prices will go down like flat screen TVs. But will have to be manufactured in China. Will wait a few more yrs.
FlyDay ago
In Sweden with the import tax and vehicle tax it'll for sure be be $40 000 here 😕
EXPLORING WITH MUSCLE THE RUSSELLDay ago
Electric cars suck if you want to travel and you will pay as much in electricity as you would gas. You will see
Mike DuckworthDay ago
yes elon Garbage landfills should be a thing all ready ? more plastic to save the air?.... Build garbage dumps elon !! your created a monster
Jackson BrownDay ago
What is in place to ensure the same quality and standards of Tesla USA? China has had issues with some longevity and wiring failures.
Gaming TimeDay ago
your title is wrong: game over for gas cause there are very little chargers in the us till there are chargers that are atleast 4 min away from your home the market won't explode with new tesla's but that's the problem it's not the range and not the cost but as long people won't buy new tesla's the budget of tesla won't go up so they can place more chargers eventually we'll come there but it will take a long time.
Gary StewartDay ago
$7000? If we could just know who Joe’s puppet master is we could lobby him/her/it for even more!! I love ❤️💕❤️ socialism. Will I still be eligible for reparations??
Aleks SvoiDay ago
Real game over, 100%
feloharoldoDay ago
Me too!!! I’ll buy one ☝🏼 if the price is that low?! Finally!
ali2k4Day ago
Canadian 50k starting
willjk69Day ago
China has concentration camps!
Psycho Somatic2 days ago
I am very tired of everything being made in China. I was excited at this news at first. Now they can count me out.
Bill Gates10 hours ago
Biden gonna give you big tax break, that's what he promised the CCP company that employs Hunter... Build China Back Better is his real agenda
Bruce W Randol2 days ago
I say I hope Musk goes for it.
Add Fish Fan2 days ago
God if I could afford a Tesla...??
Charlz Stefan2 days ago
I would NOT buy anything that comes from China! Won't last long and parts will cost an arm and a leg!!!
88Sauce2 days ago
I would love to buy one but I have no way to charge it at home
joe michele2 days ago
GAME OVER YEA ! Don't Get A Scratch On the Bumper of this Car ,As Your Insurance Co. Will Drop You Because It Will Turn This Car Into "A WRITE 0FF" BECAUSE Tesla's Are Ludicrously Stupid Expensive To Repair ...Hence: The Sky High Out Of This World Insurance Cost To Begin With ! OH,& One More Thing....You'll need to wait a "Donkey's Age" To get Repairs Done ! ! ! ! !
Jean-Pierre Michel2 days ago
1st you need one plug type then you need more fast chargers, oh and a power grid to support it all, I think gas will be around for a while yet. Maybe put all that effort into hydrogen fuel cell or better yet affordable hydrogen.
The Air StigDay ago
We already have diesel petrol LPG CNG E10 and E85. Why only one plug?
Scott D2 days ago
Game isn't over for gas until battery vehicles can fully recharge in 5 minutes...
M. L.2 days ago
300 miles? No thank you, my hybrid has a 500 mile range these kinds of cars are just trying to get people into little cheap electric boxes you think cars are cheap now? Wait until they do make a car that appeals to the masses and it will be game over cars are going to get so lame in the future they will be strictly for transportation only all of the extra stuff will be extra expensive. Buy a car now and make it last we could be looking at the last quality built cars in the next decade.
Jeff Wisener2 days ago
20k means 30k
TBear 682 days ago
No thankyou, Next...
Alby_Torino2 days ago
7:20 this chart makes no sense
Worship Da King2 days ago
negitive cash flow will not end well
FirstPlayer2 days ago
4:33 thank me later.
Olivia D2 days ago
To me their truck is ugly. It doesn’t look like a truck.
scoopy Doo2 days ago
Just wait 7 years at least you'll see Telsa cars for £3000 easy
hero striker2 days ago
Probaably a 19k prius
Random Vlogs2 days ago
MY ASS .GET OFF THE FLAKKA
Hugo Silveira2 days ago
Yes, I think you are crazy. I don’t think that is a question of technical possible or even financially viable. Elon is a capitalist, and together with shareholders they are in the game to make the most profit possible. They are focusing on producing and selling most 3 and Y in the coming years and also have the Cybertruck to worry about. They will not squeeze their profit margins by producing a cheaper model at this stage. My bet would be some kind of announcements of model 2 this years with production starting around 2023.
riverakers2 days ago
It is a shame that this vehicle can not be built in America at the same price. There needs to be more incentives to promote American assembly plants not Chinese.
scotty moondog jakubin2 days ago
All these new electric vehicles on the road and gas prices nearing $3 gal. Just the opposite when gm produced the EV1 - uhm ?
goguhu2 days ago
Well, Tesla HAS to do this, this is what the investors expect and demand. Without it the evaluation will fall quickly. Tesla lost 50% of their market share in Europe due to them do not have this.
Rashood 252 days ago
the end of gas powered cars is really far maybe 10 years or more. I would like to see a Tesla or a battery that and last like a Corolla, 10-20 years. hopefully, Tesla does something about that in the near future.
Mark C2 days ago
I've yet to EVER buy absolutely ANYTHING from China that I'd describe as quality. China is well known for alterations to designs in order to make things cheaper than designed. $19,000 will be a lot to pay for something made in China.
G Way2 days ago
350-400 miles I’d buy one today.