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Elon Musk promised Tesla's next-generation low-cost car in production in the second half of 2025 by the end of 2025. The deadline passed and it didn't happen.
No all-new low-cost Tesla platform began production in 2025. Tesla instead launched cheaper 'Standard' trims of the Model Y and Model 3 in October 2025 on existing lines. Cybercab, the next-gen platform's first product, began production at Giga Texas in 2026. TechCrunch, Oct 7 2025: Tesla reveals cheaper Standard Model 3 and Model Y ↗
On the January 2024 earnings call Elon Musk said Tesla's next-generation low-cost vehicle would start production at Giga Texas in the second half of 2025. No new low-cost platform reached production that year.
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