Tesla's Upcoming $25,000 Car Could Cost Less Than $20,000 After Incentives

Tesla has announced that it is planning to release a new electric vehicle that will be significantly more affordable than its current offerings. The new car, which is expected to be priced at $25,000, could actually cost as little as $19,000 when incentives and savings are taken into account. Tesla CEO Elon Musk has long talked about his goal to produce an affordable electric car that would make it possible for more people to adopt sustainable transportation. Now, it appears that this vision is coming closer to reality. During Tesla's Battery Day event in September 2020, Musk revealed that the company is working on a new, low-cost battery that will allow for a more affordable electric vehicle. The new battery, which is called the 4680, is larger and more energy-dense than Tesla's current batteries. This means that it will be able to provide more range and power, while also being more affordable to produce. According to Musk, the new battery will be made using a highly automat