Tesla Plans Mid-2025 Production for New Affordable EV, Codenamed ‘Redwood’

Tesla plans to start production of its new mass-market electric vehicle, codenamed 'Redwood', in mid-2025. The compact crossover is part of Tesla's strategy to introduce affordable EVs, including a $25,000 car. Production is slated to begin in June 2025 at 10,000 vehicles per week. Tesla has sent requests for quotes to suppliers and is working on two new products with potential combined annual sales of 5 million vehicles. The affordable model will initially be manufactured in Texas, with plans for Berlin and India. Tesla has a history of missing launch targets.

Tesla plans to start production of its new mass-market electric vehicle, codenamed 'Redwood', in mid-2025. The compact crossover is part of Tesla's strategy to introduce affordable EVs, including a $25,000 car. Production is slated to begin in June 2025 at 10,000 vehicles per week. Tesla has sent requests for quotes to suppliers and is working on two new products with potential combined annual sales of 5 million vehicles. The affordable model will initially be manufactured in Texas, with plans for Berlin and India. Tesla has a history of missing launch targets.

Tesla plans to start production of its new mass-market electric vehicle, codenamed 'Redwood', in mid-2025. The compact crossover is part of Tesla's strategy to introduce affordable EVs, including a $25,000 car. Production is slated to begin in June 2025 at 10,000 vehicles per week. Tesla has sent requests for quotes to suppliers and is working on two new products with potential combined annual sales of 5 million vehicles. The affordable model will initially be manufactured in Texas, with plans for Berlin and India. Tesla has a history of missing launch targets.

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