Latest / Elon Musk Podcast / Tesla Teases New EV , Roadster or $25K Model?

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Tesla Teases New EV , Roadster or $25K Model? · Elon Musk Podcast

0:01
Hey everybody, welcome. Back to the Elon Musk podcast.
0:05
This is a show where we discuss. The Critical.
0:07
Crossroads, the Shape, SpaceX, Tesla X, The Boring Company and
0:12
Neurolink. I'm your host, Will Walden.
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Tesla dropped a six second teaser clip over the weekend and
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the Internet went wild. The footage uploaded to the
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website and all their social channels, including X, showed
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only a glimpse of an EV silhouette whipping past the
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screen. But that was enough to stir
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speculation around what Tesla plans to reveal on Tuesday.
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This finally the long promise Roadster?
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Or is Tesla preparing to unveil a lower cost mass market EV?
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What is happening here? The teaser showed a wide stance,
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sweeping headlights and a low slung shape that recalled the
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original 2017 Roadster prototype.
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That prototype, which was launched into space on a Falcon
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Heavy, hasn't been updated in the public since.
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Nobody knows what's going on with it really.
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We just know that it's possibly coming, coming sometime down the
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line. M KB HD cancelled one of his.
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So didn't know when it's going to happen.
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So he's just like, you know, I don't need to save that.
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A Tesla originally claimed it would enter production in 2020,
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then push it back 2022, and then later said it could arrive in
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2023 and 2024. So we have no idea.
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And at last year's shareholder meeting, Elon suggested a 2024
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production target once again, adding that engineering had
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finally been completed. But since then, Tesla has been
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silent. Elon has been silent.
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Now, Elon has repeatedly claimed the new Roadster will be the
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fastest production car in the world ever, boasting a sub two
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second zero to 60 time at a top speed over 250 mph.
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He also teased something very interesting, an optional SpaceX
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rocket booster thruster in a range of 620 miles.
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That would be insane. 620 miles is wild, but even among Tesla
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fans, you know, we don't really believe him sometimes. 620 miles
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sounds like a wild thing, and for a Roadster that can go zero
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to 60 in under 2 seconds, you go 250 mph.
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How do they combine all those things?
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That's a huge amount of range for EV, and if Tesla's Tuesday
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teaser points to the Roadster, Tesla will need to show more
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than a few flashy specs to rebuild confidence in the
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project. It's going to be really
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expensive and if you haven't already reserved one, now might
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be the time, you know? Another possible possible reveal
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was the Model 2, which is an affordable EV that tests the
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first hinted at in his battery Day presentation in 2020.
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That car, which some call the $25,000 Tesla, there's no like
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nobody knows what the price is actually going to be.
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It's been promised as a breakthrough product that would
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dramatically expand the company's market reach and
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internally, Tesla has referred to this car as part of its next
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generation platform, designed to cut production costs by 50%
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through a redesigned chassis and fully automated assembly lines.
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Nobody's seen that yet. Nothing's been reported about
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that yet, so it's possible, but we don't know.
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Tesla confirmed earlier this year that it moved next Gen.
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vehicle development of Texas and started building out production
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capabilities near Gigafactory. It's around Austin.
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Musk has said this platform could eventually support
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multiple vehicle types, including a compact car and also
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robo taxi. The company scrap plans for a
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dedicated robo taxi in favor of merging it into this new
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platform, which aims to simplify design, reduce parts and speed
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up manufacturing. Now the Reuters have reported
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earlier this year and they pointed out early 2025 is the
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initial production window for Tesla's next Gen. vehicle, which
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matches recent hiring pushes and facility upgrades in Austin.
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If Tuesday's event introduces a lower cost EV, Tesla could
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preempt competition from BYD and other Chinese manufacturers that
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have already launched sub 30,000 EVs in global markets.
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There's huge economic pressure right now.
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Tesla reported shrinking margins early this year, driven by price
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cuts and increased competition. Investors have been pressing for
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volume growth without sacrificing profitability.
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A mass market model could answer that demand if Tesla could hit
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the promise price point while protecting margins through lower
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costs. And right now you can get a used
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Tesla for around 20 ish some places but it's an older model.
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So when do you want a better newer model that has all the new
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bells and whistles? But for 25 extra $5000?
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Yes. But you can also just get the
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new stuff. You'd also save up a little bit
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longer and get a, you know, a Model 3 or Model Y or something.
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It's up to you. It depends on how much money you
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have and what you're willing to sacrifice to get one of these
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things. But a $25,000 model or sub
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$25,000 model would be incredible for Tesla.
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Everybody would want one. Like why would you buy a Honda
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if you could have a Tesla? Some people love Honda's.
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Don't get me wrong, I'm a Honda believer.
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I'd love them. I love Subarus too.
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I like Tesla's, I think they're great.
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But I don't have enough money right now to buy a Tesla.
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Does anybody want to give me money to buy a Tesla?
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I didn't think so. So I'm not going to buy a Tesla
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right now. I think it would be great if
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they had a $25,000 Tesla and it was a good car.
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It's going to be great, I'm sure.
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So the next time I look into vehicles, of course I would look
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into a Tesla. It's $25,000.
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That's pretty decent price for a vehicle.
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I'm looking at $40,000 cars, 50,000 dollars, $60,000 cars and
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I'm like man, that would be great to have.
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But I don't have $60,000 to spend on a car.
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It's a huge investment. If I could buy a $25,000 car and
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then invest the rest of the money into my retirement, that
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would be great. Or into my kid when he goes to
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school, you know, when he goes off to college, when he's 18 and
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he wants to start his own business, I'll have money set
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aside for him. Instead of buying a $60,000 car,
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about the $25,000 car, put the other money into his account.
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I mean, people think like that, right?
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You want to buy a house, but you also need a car.
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You're not going to buy the $60,000 car.
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You're going to save that money and buy that house and buy the
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$25,000 car. This is how it works.
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If you don't have the money for both things, there's also timing
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for the teaser. Tesla rarely promotes an event
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without a clear message. If this teaser happened, it's
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like literally days before the event.
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They know what's up, they have confidence in what's coming.
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That was sort of like the cyber trucks original reveal where
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Tesla dropped vague clips to fuel speculation before a full
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unveiling. Stock price went wild during
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those things, then after the reveal went even Wilder.
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If Tesla reveals a new Roadster, there's going to be questions
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about priority. When will this thing actual
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launch? Launching a high end performance
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car during a period of sliding demand and rising EV inventories
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seems kind of misaligned right now.
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Market conditions are down, the economy's weird, But a reveal of
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the mass market EV would show Tesla finally shifting toward
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accessible models that could drive global growth.
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And of course, they are a publicly traded company.
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They have to think about growth before anything.
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Get those shareholders their money back.
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Let's make some money. Some fans have suggested both
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cars could appear on Tuesday. What if there's a Roadster and a
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sub $25,000 car, the Model 2? That would be insane.
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It would be unusual. They usually do one launch and
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that's enough people go wild for that.
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But think about if they do a roadster and the new next Gen.
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compact model same day. I'm not a financial advisor in
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any way, but if you think this is going to happen, right now
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might be a really great time to buy some Tesla stock because
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you're going to make a real quick buck off both of these
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things. If they happen in the same day,
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stocks going to go wild. Tesla's also used product
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unveilings to manage investor expectations and shift the
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narrative around its stock. 2024 has been sluggish.
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They need a catalyst to keep it growing and keep it going.
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A new lower cost vehicle platform with confirmed
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production plans could reset the story heading into 2026.
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Going forward, 2025 was an OK year for Tesla, but they want to
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keep growing as fast as possible.
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And of course, they're doing AI and robotics now rather than
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just vehicles. So they have those other arms of
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the business that they're working on and those pump the
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stock up a little bit, make people some money.
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If they reveal 2 vehicles in the same day, who baby, it's going
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to go crazy. We don't know what's going to
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happen. We're going to see what Tesla
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plans to prioritize over the next two years.
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Whether it's going to be performance or like a production
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revolution with these sub $25,000 cars, we don't know.
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I wish I knew. There's speculation going around
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that it's both. And if it's both, good luck
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because which one are you going to choose?
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That's going to be crazy. All right, I want to say thanks
10:30
to everybody who's been listening to the show for a
10:32
really long time. This is just a little side note,
10:34
but let me know in the comments what you think about these cars
10:37
because they're going to be both are going to be amazing in their
10:41
own ways. But I want to say thanks to
10:43
everybody who's been listening for a long time.
10:45
I really do appreciate you and I'm back on track.
10:49
I've been sick for the last couple weeks and I've been
10:52
posting older clips, things like that.
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I got a comment from somebody that said, you know, hey, I
10:58
don't mind the older clips, but you got to tag them as like
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older clips, you know? And I was like, yeah, I got, I
11:07
tagged it as 2024 or something with that older clip that you're
11:11
that they were commenting on. And we had a little discussion
11:14
in the comments. And that's why I love you guys
11:16
to comment because I'd like to talk about things like this.
11:19
We're community here. We're, we're not just me talking
11:21
about these things. I want to hear what you have to
11:24
say. I think that's important.
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That right there. I want you to be part of this.
11:29
You're part of this community. Everybody that downloads the
11:31
show. It's not just me, you know, I
11:34
want you to be part of this too. So I'm not trying to sell you
11:39
anything. Never have.
11:40
I don't want you to buy anything.
11:42
I, you know, I have a T-shirt shop called Starship Shirts
11:46
where I sell SpaceX themed T-shirts.
11:49
That's the only thing I sell. The other thing that I do is I
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put ads on the show because makes me enough money to keep
11:55
the show going sometimes. Sometimes it doesn't.
11:58
The bills rack up. So you know, it takes a lot of
12:02
time to put these shows together and I've been doing it for I
12:06
think it's around 1000 shows now.
12:07
To be honest with you, I have no idea, but I just realized this.
12:10
This is a little side note. I want you guys to know about
12:13
this too. I started podcasting in 2006.
12:19
I had a skateboard company at that time and I was like, I'm
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really tech guy, right? So I was early adopter for all
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things Real Player. If anybody remembers Real Player
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streaming media with Realplayer. I streamed some media back in
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the day. I did radio shows, online radio
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shows. Back then.
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I forgot what I called it, but my first podcast was in 2006.
12:47
It was for my skateboard company and that company, it grew
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because I knew that people listen to my podcast, They could
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connect with the thing that we love.
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We both, we all love skateboarding.
13:00
So they would connect and they'd leave comments because I would
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embed them on our website, on my website that I built with my
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only two hands. I coded it myself.
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It's pretty silly. Some HTML, some some PHP, maybe
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some comments somehow, I don't know, maybe I had a third party,
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I don't know to do the comments, but I was connected to the
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audience then and I think it's really important that we talk to
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each other. So if you have comments on your
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podcast platform, I know Spotify does, other podcast platforms do
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too. So if you do, please leave a
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comment. And also, you know what, I
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really need your help. This one I'm going to ask for
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you from you. If you have a second, leave a
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five star review. If you like the show, I really
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would appreciate that. That's all you need to do 5 star
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review really helps out the show a ton and I can continue growing
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the show. I want to grow the show even
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more than it already is and we have a pretty good audience
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right now, but I want to grow it to like 10 times this.
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I think that'll be great. Haven't really tried because I
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just like to do it, you know, it's been more of a hobby, but I
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would really love to focus on growth.
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So five star reviews really help.
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Any sort of interaction really helps.
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Leave a comment, any sort of good review, it's cool.
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Leave a good review and the comment in a review.
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I think helps to like 5 star review and be like I love the
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Whatever whatever you want to say or you know, go SpaceX would
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be great too. I love SpaceX, so please help me
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out here. Five stars would be great.
14:41
OK, that's it for today. And we're going to do the normal
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outro, which is like a if you like the show, subscribe.
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So here you go with that. Take care everybody.
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I'll see you in the next one, but listen to this too.
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