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Over the years, Tesla has consistently vowed to roll out an entry-level electric vehicle, aiming to entice a broader range of drivers who currently use gasoline-powered cars to make the switch to zero-emission alternatives. Tesla's CEO, Elon Musk, at one point forecasted that the company would ultimately unveil an electric vehicle with a price tag of $25,000, a move he believed would transform the automotive landscape. There were promises of more budget-conscious iterations for several models, encompassing the Model 3, Model Y, and Cybertruck, yet these ambitions have remained unfulfilled. Now, Tesla has declared its intention to introduce two models dubbed 'budget-friendly', which are essentially streamlined versions of the Model 3 and Model Y. These will carry starting prices of $38,640 and $41,600, respectively, with deliveries anticipated to commence in December 2025.
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