Many are still waiting for the $35,000 Tesla.
Tesla’s order books are loaded, and they are selling everything they build.
Tesla’s had a crazy 2021. They sold nearly 21,000 vehicles in Canada and a further 302,000 in the US. Had they been able to make more cars and SUVs, they probably would have sold thousands more. It is the incessant demand for Tesla vehicles that is partially to blame for the $25,000 EV that won’t come any time soon.
It is difficult to fault Elon Musk in this situation. Although he did promise a $35,000 EV some years ago, and never delivered, nothing changed. Actually, sales went through the roof and this, despite constant price increases across the model lineup.
In fact, order books for Tesla vehicles are so full that they are selling everything they assemble. Although launching a $25,000 EV would be nice, it would be a pointless exercise in frustration as Tesla would be unable to build it.
Tesla, like all other automakers, has suffered numerous setbacks due to global supply chain and chip shortage problems, as reported by CNET. Well ahead of a “cheap” Tesla, we’ll get the Cybertruck, and potentially updated versions of the current model line.