Musk confirms the existence of the $160,000 Tesla model, but also says it could be cancelled at any time

Tesla currently has four models on sale: Model S, 3, X, and Y. However, this lineup of models cannot meet the needs of the automotive market, and there are no corresponding models in the mainstream car price range. Last year, there were rumors that Tesla was planning a model priced at 150,000 yuan, and this news was officially confirmed recently.

According to media reports, at the latest all-staff meeting, Tesla CEO Elon Musk provided information about a small electric car priced at approximately US$25,000 (approximately RMB 160,000).

Musk said that the upcoming car will not be named "Model 2", and bluntly stated that if netizens keep calling it "Model 2", he might cancel the project of this model.

People familiar with the matter also revealed that this $25,000 model may be a fully autonomous car without a steering wheel or physical pedals. However, this statement was refuted by industry insiders because the law does not allow such autonomous vehicles to be on the road at this stage, and Tesla's technical strength is not enough to achieve L5 level autonomous driving.

Tesla said the model will be released in 2023, but industry insiders believe that this time will come earlier. It was previously reported that Tesla has already promoted a new economical project in the Chinese market and said that the car will enter the testing phase in the second half of 2021.

Although the specific configuration of this new economy model is still unclear, it is believed that the Tesla model priced at around 160,000 yuan will have a significant impact on the domestic electric vehicle market.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.