Tesla to release $25,000 electric car by the end of the year

Tesla will launch its new electric car in China by 2022, which will cost about $25,000. 

The car will be the most budget-friendly electric car in the U.S. company's lineup.

The automaker will launch the novelty for China. This became known in September 2020. The final check on the car will end in March this year.

Auto creates on the Tesla Model 3 platform, which means that the car is a compact electric car, but with luxury technology.

The technical part of the new electric car from Tesla is unknown, as well as its name.