Tesla said it would start making its cheaper EV by June. It's keeping quiet about the mysterious project — here's what we know.
1. Tesla plans to produce affordable EVs by June 2025 amid sales decline. 2. The timeline has shifted several times since the $25,000 model was announced. 3. Competition from rivals like BYD and new Western models increases pressure on Tesla. 4. Analysts emphasize the need for affordable models to boost Tesla's market position. 5. Production delays have cast doubt on Tesla's ability to maintain its growth trajectory.