The Tesla Model Y may be the best-selling car-shaped vehicle in the world right now, but the brand itself is not in the clear. Buyers are thirsty for reasonably priced EVs. Elon Musk has confirmed that the brand plans on meeting that demand with a $25,000 EV, a car that some on social media are calling the Model 2. However, an analysis from the investment banking firm Evercore, asserts that the brand likely won’t be able to deliver the car in substantial volume until at least 2027.
