Tesla to launch $25,000 hatchback in two years

In 2023, a hatchback from Tesla, which will be priced at $25,000, will start its sales.

Competitors of this car will be Volkswagen ID.3, Nissan LEAF, as well as Kia Niro EV.

Company director Elon Musk previously said he was thinking of creating and releasing an affordable compact electric car, which would dilute the range of expensive models.

Autocar writes that the Tesla hatchback will be on the market from 2023. The novelty will become the most budget-friendly among all the cars of the Tesla lineup. It is also reported that the vehicle will have a long-range.

As we can see from Model 3 sales, electric cars are pretty popular in the mass market.