Tesla Teases New EV , Roadster or $25K Model? - Episode Artwork
Technology

Tesla Teases New EV , Roadster or $25K Model?

In this episode of the Elon Musk podcast, host Will Walden discusses Tesla's recent teaser for a new electric vehicle, sparking speculation about whether it will be the long-awaited Roadster or a...

Tesla Teases New EV , Roadster or $25K Model?
Tesla Teases New EV , Roadster or $25K Model?
Technology • 0:00 / 0:00

Interactive Transcript

spk_0 Hey everybody, welcome back to the Elon Musk podcast.
spk_0 This is a show where we discuss the critical crossroads, the shapes, SpaceX, Tesla, X,
spk_0 the boring company, and NERLINK.
spk_0 I'm your host, Will Walden.
spk_0 Tesla dropped a six-second teaser clip over the weekend and the internet went wild.
spk_0 The footage uploaded to the website and all their social channels, including X, showed
spk_0 only a glimpse of an EV silhouette whipping past the screen.
spk_0 But that was enough to stir speculation around what Tesla plans to reveal on Tuesday.
spk_0 Is this finally the long-promised roadster or is Tesla preparing to unveil a lower-cost
spk_0 mass-market EV?
spk_0 What is happening here?
spk_0 The teaser showed a wide stance, sweeping headlights, and a low-slong shape that recalled
spk_0 the original 2017 roadster prototype.
spk_0 That prototype, which was launched into space on a Falcon Heavy, hasn't been updated in
spk_0 the public sense.
spk_0 Nobody knows what's going on with it really.
spk_0 We just know that it's possibly coming sometime down the line.
spk_0 MKBHD canceled one of his, so didn't know when it's going to happen, so he's just like,
spk_0 you know, I don't need to.
spk_0 Save that.
spk_0 Now, Tesla originally claimed it would enter production in 2020, then pushed it back
spk_0 2022, and then later said it could arrive in 2023 and 2024, so we have no idea.
spk_0 And at last year's shareholder meeting, Elon suggested a 2024 production target once
spk_0 again, adding that engineering had finally been completed.
spk_0 But since then, Tesla has been silent.
spk_0 Elon has been silent.
spk_0 Now, Elon has repeatedly claimed the new roadster will be the fastest production car
spk_0 in the world ever, boasting a sub-two-second zero to 60 time at a top speed over 250 miles
spk_0 per hour.
spk_0 He also teased something very interesting, an optional SpaceX rocket booster thruster
spk_0 in a range of 620 miles.
spk_0 That would be insane.
spk_0 620 miles is wild.
spk_0 But even among Tesla fans, you know, we don't really believe him sometimes.
spk_0 620 miles sounds like a wild thing.
spk_0 And for a roadster that can go zero to 60 in under two seconds, you go 250 miles per hour.
spk_0 How do they combine all those things?
spk_0 That's a huge amount of range for EV.
spk_0 And if Tesla's Tuesday teaser points to the roadster, Tesla will need to show more than
spk_0 a few flashy specs to rebuild confidence in the project.
spk_0 It's going to be really expensive.
spk_0 And if you haven't already reserved one, now might be the time.
spk_0 You know, another possible review was the Model 2, which is an affordable EV that
spk_0 Tesla first hinted at in its battery day presentation in 2020.
spk_0 That car which some call the $25,000 Tesla, there's no, like nobody knows what the price
spk_0 is actually going to be.
spk_0 It's been promised as a breakthrough product that would dramatically expand the company's
spk_0 market reach.
spk_0 And internally, Tesla has referred to this car as part of its next generation platform.
spk_0 Designed to cut production costs by 50% through a redesigned chassis and fully automated
spk_0 assembly lines.
spk_0 Nobody has seen that yet.
spk_0 Nothing's been reported about that yet.
spk_0 So it's possible.
spk_0 But we don't know.
spk_0 Tesla confirmed earlier this year that it moved next-gen vehicle development of Texas and
spk_0 started building up production capabilities near gigafactory.
spk_0 As they run Austin, Musk has said this platform could eventually support multiple vehicle
spk_0 types, including a compact car and also robotaxi.
spk_0 The company scrap plans for a dedicated robotaxi in favor of merging it into this new platform,
spk_0 which aims to simplify design, reduce parts, and speed up manufacturing.
spk_0 Now, the Reuters have reported earlier this year, and they pointed out early 2025 as the
spk_0 initial production window for Tesla's next-gen vehicle, which matches recent hiring pushes
spk_0 and facility upgrades in Austin.
spk_0 If Tuesday's event introduces a lower-cost EV, Tesla could preempt competition from
spk_0 BYD and other Chinese manufacturers that have already launched sub-30,000 EVs in global
spk_0 markets.
spk_0 There's huge economic pressure right now.
spk_0 Tesla reported shrinking margins early this year, driven by price cuts and increased competition.
spk_0 Investors have been pressing for volume growth without sacrificing profitability.
spk_0 A mass market model could answer that demand if Tesla could hit the promised price point
spk_0 while protecting margins through lower costs.
spk_0 Right now, you can get a used Tesla for around 20-ish someplace, but it's an older model.
spk_0 So, wouldn't you want a better newer model that has all the new bells and whistles, but for
spk_0 25, it's actually $5,000, yes.
spk_0 But you could also just get the new stuff.
spk_0 You can also save up a little bit longer and get a model 3 or model Y or something.
spk_0 It depends on how much money you have and what you're willing to sacrifice to get one
spk_0 of these things, but a $25,000 model or sub-$25,000 model would be incredible for Tesla.
spk_0 Everybody would want one.
spk_0 Like, why would you buy a Honda if you could have a Tesla?
spk_0 Some people love Honda's.
spk_0 Don't get me wrong.
spk_0 I'm a Honda believer.
spk_0 I love them.
spk_0 I love super-ruse too.
spk_0 I like Teslas.
spk_0 I think they're great, but I don't have enough money right now to buy a Tesla.
spk_0 Does anybody want to give me money to buy a Tesla?
spk_0 I didn't think so.
spk_0 So, I'm not going to buy a Tesla right now.
spk_0 I think it would be great if they had a $25,000 Tesla and it was a good car.
spk_0 It's going to be great.
spk_0 I'm sure.
spk_0 So the next time I look into vehicles, of course, I would look into a Tesla as $25,000.
spk_0 That's pretty decent price for a vehicle.
spk_0 I'm looking at $40,000 cars, $50,000, $60,000 cars, and I'm like, man, that would be great
spk_0 to have.
spk_0 But I don't have $60,000 that's been in a car.
spk_0 That's a huge investment.
spk_0 If I could buy a $25,000 car and then invest the rest of the money into my retirement,
spk_0 that would be great.
spk_0 Or into my kid when he goes to school, you know, when he goes off to college, when he's
spk_0 18 and he wants to start his own business, I'll have money set aside for him, set it
spk_0 buying a $60,000 car, about the $25,000 car, put the other money into his account.
spk_0 I mean, people think like that, right?
spk_0 You want to buy a house, but you also need a car.
spk_0 You're not going to buy the $60,000 car.
spk_0 You're going to save that money and buy that house and buy the $25,000 car.
spk_0 This is how it works.
spk_0 If you don't have the money for both things.
spk_0 There's also timing for the teaser.
spk_0 Tesla rarely promotes an event without a clear message.
spk_0 And if this teaser happened, it's like literally days before the event, they know what's
spk_0 up.
spk_0 They have confidence in what's coming.
spk_0 That was sort of like the cyber trucks original reveal where Tesla dropped vague clips to fuel
spk_0 speculation before a full unveiling stock price went wild during those things.
spk_0 Then after the reveal went even wilder.
spk_0 If Tesla reveals a new roaster, there's going to be questions about priority.
spk_0 When will this thing actual launch?
spk_0 Launching a high end performance card during a period of sliding demand and rising EV
spk_0 inventories seems kind of misaligned right now.
spk_0 Marking conditions are down.
spk_0 The economy is weird.
spk_0 What a reveal of the mass market EV would show Tesla finally shifting toward accessible
spk_0 models.
spk_0 They could drive global growth.
spk_0 And of course, they are a publicly traded company.
spk_0 They have to think about growth before anything.
spk_0 Get those shareholders their money back.
spk_0 Let's make some money.
spk_0 Some fans have suggested both cars could appear on Tuesday.
spk_0 What if there's a roaster and a sub $25,000 car, the model, too?
spk_0 That would be insane.
spk_0 It would be unusual.
spk_0 They usually do one launch.
spk_0 And that's enough.
spk_0 People go wild for that.
spk_0 But think about if they do a roaster and the new next gen compact model same day.
spk_0 I'm not a financial advisor in any way.
spk_0 But if you think this is going to happen right now, it might be a really great time to buy
spk_0 some Tesla stock because you're going to make a real quick buck off both of these things
spk_0 if they happen to the same day.
spk_0 Stocks going to go wild.
spk_0 Tesla's also used product unveilings to manage investor expectations and shift the narrative
spk_0 around its stock.
spk_0 2024 has been sluggish.
spk_0 They need a catalyst to keep it growing and keep it going.
spk_0 A new lower cost vehicle platform with confirmed production plans could reset the story heading
spk_0 into 2026 going forward.
spk_0 2025 was an okay year for Tesla, but they want to keep growing as fast as possible.
spk_0 And of course, they're doing AI and robotics now rather than just vehicles.
spk_0 So they have those other arms of the business that they're working on.
spk_0 And those pump the stock up a little bit, make people some money.
spk_0 If they reveal two vehicles in the same day, who baby, it's going to go crazy.
spk_0 We don't know what's going to happen.
spk_0 We're going to see what Tesla plans to prioritize over the next two years, whether it's going
spk_0 to be performance or like a production revolution with these sub $25,000 cars, we don't know.
spk_0 I wish I knew there's speculation going around that it's both.
spk_0 And if it's both, good luck because which one are you going to choose that's going to be crazy.
spk_0 All right.
spk_0 I want to say thanks to everybody who's been listening to the show for a really long time.
spk_0 This is just a little side note.
spk_0 But let me know in the comments what you think about these cars because they're going to be both
spk_0 they're going to be amazing in their own ways.
spk_0 But I want to say thanks to everybody who's been listening for a long time.
spk_0 I really do appreciate you.
spk_0 And I'm back on track.
spk_0 I've been sick for the last couple of weeks.
spk_0 And I've been posting older clips, things like that.
spk_0 I got a comment from somebody that said, you know, hey, I don't mind the older clips, but you got to tag them as like older clips.
spk_0 You know, and I was like, yeah, I got I tag that is 2024 or something with that older clip that you're that they were commenting on.
spk_0 And we had a little discussion in the comments.
spk_0 And that's why I love you guys to comment because I'd like to talk about things like this.
spk_0 We're community here.
spk_0 We're we're not just me talking about these things.
spk_0 I want to hear what you have to say.
spk_0 I think that's important.
spk_0 That right there, I want you to be part of this.
spk_0 You're part of this community.
spk_0 Everybody that downloads this show.
spk_0 It's not just me.
spk_0 You know, I want you to be part of this too.
spk_0 So I'm not trying to sell you anything.
spk_0 I never have.
spk_0 I don't want you to buy anything.
spk_0 I, you know, I have a t-shirt shop called Starship Shirts where I sell SpaceX themed t-shirts.
spk_0 That's the only thing I sell.
spk_0 The other thing that I do is I put ads on this show because it makes me enough money to keep the show going sometimes.
spk_0 Sometimes it doesn't.
spk_0 The bills rack up.
spk_0 So, you know, it takes a lot of time to put these shows together.
spk_0 And I've been doing it for I think it's around a thousand shows now to be honest with you.
spk_0 I have no idea.
spk_0 But I just realized this.
spk_0 This is a little side note.
spk_0 I want you guys to know about this too.
spk_0 I started podcasting in 2006.
spk_0 I had a skateboard company at that time.
spk_0 And I was like, I'm real attack guy.
spk_0 So I was early adopter for all things.
spk_0 Real player.
spk_0 If anybody remembers real player streaming media with real player.
spk_0 I streamed some media back in the day.
spk_0 I did radio shows online radio shows back then.
spk_0 I forgot what I called it.
spk_0 But my first podcast was in 2006.
spk_0 It was for my skateboard company.
spk_0 And that company.
spk_0 It grew because I knew that people listened to my podcast.
spk_0 They could connect with the thing that we loved.
spk_0 We both, we all love skateboarding.
spk_0 So they would connect.
spk_0 And they leave comments because I would embed them on our website.
spk_0 On my website that I built with my own two hands.
spk_0 I coded it myself.
spk_0 It's pretty silly.
spk_0 Some HTML, some PHP maybe.
spk_0 Some comments somehow.
spk_0 I don't know.
spk_0 Maybe I had a third party.
spk_0 I don't know to do the comments.
spk_0 But I was connected to the audience then.
spk_0 And I think it's really important that we talk to each other.
spk_0 So if you have comments on your podcast platform.
spk_0 I know Spotify does other podcast platforms do too.
spk_0 So if you do, please leave a comment.
spk_0 And also, you know what?
spk_0 I really need your help.
spk_0 This is what I'm going to ask for you from you.
spk_0 If you have a second, leave a five star review.
spk_0 If you like the show, I really would appreciate that.
spk_0 That's all you need to do.
spk_0 Five star review really helps out the show a ton.
spk_0 And I can continue growing the show.
spk_0 I want to grow the show even more that it already is.
spk_0 And we have a pretty good audience right now.
spk_0 But I want to grow it to like 10 times this.
spk_0 I think that'd be great.
spk_0 I haven't really tried because I just like to do it.
spk_0 You know, it's been more of a hobby.
spk_0 But I would really love to focus on growth.
spk_0 So five star reviews really help.
spk_0 Any sort of interaction really helps.
spk_0 Leave a comment.
spk_0 Any sort of good review is cool.
spk_0 Leave a good review and the comment in a review.
spk_0 I think helps too.
spk_0 Like five star review and be like, I love the show.
spk_0 Or, hey, well, you are the best guy ever.
spk_0 Or you're the best skateboarder ever.
spk_0 Even though you don't skate as much anymore as you used to.
spk_0 But I love your show.
spk_0 Whatever you want to say.
spk_0 Or, you know, go SpaceX would be great too.
spk_0 I love SpaceX.
spk_0 So please help me out here.
spk_0 Five stars would be great.
spk_0 Okay, that's it for today.
spk_0 And then we're going to do the normal outro, which is like,
spk_0 hey, if you like the show, subscribe.
spk_0 So here you go with that.
spk_0 Take care everybody.
spk_0 I'll see you in the next one.
spk_0 But listen to this too.
spk_0 Hey, thank you so much for listening today.
spk_0 I really do appreciate your support.
spk_0 If you could take a second and hit this subscribe or the follow button on whatever podcast platform that you're listening on.
spk_0 Right now, I greatly appreciated it.
spk_0 It helps out the show tremendously.
spk_0 And you'll never miss an episode.
spk_0 And each episode is about 10 minutes or less to get you caught up quickly.
spk_0 And please, if you want to support the show even more, go to patreon.com slash stage zero.
spk_0 And please take care of yourselves and each other.
spk_0 And I'll see you tomorrow.