We may earn a commission from links on this page. Photo: Tesla , but those dreams seemed to be dashed with the introduction of its robotaxi earlier this year. Now though, Travis Axelrod, the head of Tesla’s investor relations, told Deutsche Bank that a new entry-level model would be arriving sometime in the first half of 2025. Here’s more, from Yahoo! Finance :“The new Tesla model (we refer to as ‘Model Q’) should launch in 1H25 and will be priced <$30,000 including subsidies (i.e., $37,499 if US EV tax credit goes away),” analyst Edison Yu wrote in a note late Monday. Yu also said there will likely be other vehicles intended to increase Tesla’s TAM (total addressable market), with Yu suspecting “a 3-row longer wheelbase Model Y variant” in China. There have also been rumors of a Tesla van for passengers and cargo, and while the cheaper EV was expected, the revelation of the Model Q name and a new Model Y variant coming to China was notable. Advertisement