TSLA analysts at Loup Ventures think the Tesla Model 2 will be unveiled in 2024.
“Tesla will wait until 2024 to announce Model 2,” stated Loup Ventures in its 2022 Predictions letter.
“If the company announces the lower-price[d] car too early, they risk slowing sales of Model 3 while ramping capacity during what is likely to be a broader auto recession,” Loup Ventures explained.
The venture capital firm expects Tesla to provide a Model 2 preview in early 2024 and start ramping production on the new electric car design in mid-2025.
Tesla Model 2 Details
So far, only a few details have been released about the Model 2. Although Tesla has not really confirmed any of those details.
Elon Musk has set some goals for the new electric vehicle model that Tesla might focus on during the development of the Model 2.
First, the Model 2’s price target is $25,000, which would make it Tesla’s most affordable unit yet when it does start selling. Second, the Model 2 will be either a compact car or a subcompact vehicle–a popular design in Europe and Asia.
Tesla China is reportedly working on Model 2 development. Chinese media have published reports stating that Model 2 development has already started. Speculations in 2022 pointed to a tentative Model 2 release date in 2023.
The name of Tesla’s $25,000 compact/subcompact vehicle has yet to be officially announced. The terms Model 2 and Model Q have been used to refer to the upcoming electric vehicle, but Tesla has not confirmed the moniker. During his virtual appearance in the 2022 B20 Summit in Indonesia, Elon Musk was asked if Tesla would name the upcoming entry-level EV the Model I. Musk neither confirmed nor denied the name. Instead, he stated that a more economical car made sense.
Tesla already has a busy schedule coming into 2023. It is working on the Model 3 revamp, a possible Model Y update, and the Cybertruck’s initial production ramp at Giga Texas. The Tesla Cybertruck might be Tesla’s priority in the first half of 2023.
Do you know anything about Tesla’s next gigafactory location? Contact me at maria@teslarati.com or via Twitter @Writer_01001101.
News
Tesla VP shares key insights on latest Optimus dance demos
Optimus’ dance demonstrations shocked quite a good number of Tesla followers.

A Tesla VP recently shared some key insights about Optimus’ latest dance demonstrations. Tesla showcased Optimus’ dance moves in two demonstrations this week, with its second demo becoming a shock to many.
Optimus Demonstrations
Optimus’ initial demonstration this week featured the humanoid robot performing a number of rhythmic actions. As per Tesla Vice President of Optimus (Tesla Bot) Milan Kovac, the humanoid robot’s movements were trained in simulation. He also explained that the cable, which could be seen attached at the back of Optimus, was simply there in case of a fall.
Interestingly enough, a follow-up video demonstration featuring Optimus performing even more advanced rhythmic movements was posted by CEO Elon Musk on social media platform X on Tuesday. In this demo, Optimus could be seen performing ballet and modern dance moves. Unlike the previous demonstration, Optimus was completely untethered this time around. Elon Musk stated in a follow-up post on X that Optimus should eventually be able to do ballet movements perfectly.
What the Optimus VP Says
Kovac has provided some key insights on Optimus’ second demonstration for the week. As per the Tesla executive, the movements of the humanoid robot in the video were in real-time. The demonstration was also fully learned in simulation and zero-shot transferred to real without extra training.
“Here’s a little more, and no cables this time. It’s all real-time speed, zero CGI, fully learned in simulation & zero-shot transferred to real. Besides the fact that it’s fun, we had to make significant improvements to our robot model in Sim, domain randomization and other techniques which will directly transfer to more practical situations as well (robust walking, and agile full-body control in general).
“We also learned quite a few things on our hardware and tuned our power profile. I hope it is getting pretty clear that Tesla is much more than an amazing car (!) company: it’s the place to be for transformational real-world AI,” Kovac wrote in his post on X.
Cybertruck
Tesla Cybertruck police vehicles escort Trump motorcade in Qatar
The two Cybertrucks stood out in the motorcade, thanks to their iconic light bar and their imposing presence.

Two Tesla Cybertruck police vehicles accompanied United States President Donald Trump’s motorcade during his visit to Doha, Qatar’s capital, on Wednesday.
The two Tesla Cybertrucks stood out in the motorcade, thanks to their iconic light bar and their imposing presence.
Trump’s Qatar Visit
Qatar is the second of three Middle Eastern countries expected to be visited by Trump this week. So far, Trump has been received warmly, with Qatar providing Air Force One with an eight-fighter jet escort. Saudi Arabia, which hosted Trump and Tesla CEO Elon Musk earlier this week, also provided Air Force One with a six-fighter jet escort.
Qatar seemed determined to roll out the red carpet for the U.S. President, as hinted at by the curated police escort for Trump’s motorcade to the Amiri Diwan in Doha. Tesla CEO Elon Musk seemed excited to see his vehicles being used in the Middle Eastern country, writing “Cybertrucks escorting @POTUS!” on X.
Cybertrucks Police Vehicles in Qatar
Qatar seems to have a soft spot for the Cybertruck, even before Trump’s visit. In late December, social media posts from the country suggested that two Cybertrucks are being used as part of the Internal Security Force’s (Lekhwiya) patrol fleet. The futuristic all-electric pickup trucks have also been spotted in several other areas of the country.
The Qatar Ministry of Interior also posted a video featuring veteran Tesla tuner Unplugged Performance CEO Ben Schaffer, who noted that UP.FIT will be providing modified Cybertrucks for the country. As could be seen in the video, Unplugged Performance and the Ministry of Interior have signed a Letter of Intent to pave the way for UP.FIT Cybertrucks to be made for Qatar.
News
Elon Musk teases underrated Cybercab and Optimus business
The Cybercab’s design does seem to be tailor-made for a parcel delivery business.

Tesla CEO Elon Musk recently responded positively to a rather underrated business idea for the Cybercab and Optimus.
While the Cybercab is designed for autonomous robotaxi services, the self-driving car, together with Optimus, could also operate as a completely different business.
Cybercab Haulers
Musk’s comment came as a response to financial markets researcher @alojoh, who noted in a post on X that the vast majority of Tesla’s Cybercab fleet will likely be inactive at night due to low transportation demand. During these periods, the robotaxis could be used as autonomous delivery vehicles that can be loaded by Optimus. The humanoid robot can even be inside the Caybercab to facilitate deliveries.
Elon Musk’s response was a simple “exactly,” but it does show that Tesla is considering other businesses that could expand the use of its two potential world-changing products. If one were to look at Tesla’s plans for the Cybercab and Optimus, after all, the idea of “dual use” robotaxis seems very feasible.
All The Necessary Parts
The Cybercab’s design does seem to be tailor-made for a parcel delivery business. The Cybercab is a small car and it only features two seats. It does, however, carry an extremely large trunk—quite too large for such a small vehicle, in a way. Tesla engineers previously stated that the space in the Cybercab’s trunk could be enough to fit two full-size carry-ons and two full-size checked bags at once, or even some bicycles. Needless to say, Tesla seems to have designed the Cybercab to be capable of carrying a lot of cargo–something that’s required for a parcel delivery business.
The Optimus robots that Tesla would have to deploy for this secondary business would not be much of an issue either, considering that the company is planning on building the humanoid robot in extremely large numbers. With Tesla producing millions of Optimus robots and Cybercabs every year, the company should be able to allocate enough resources to offer a reliable and safe parcel delivery service as well.
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