Elon Musk promised a $25,000 EV in 2020. Including inflation, we're getting closer, but are we there yet?

08/07/2025, 5:17 PM
businessinsider.com

Elon Musk promised a $25,000 EV in 2020. Including inflation, we're getting closer, but are we there yet?

Gonzalo Fuentes/REUTERS

"About three years from now, we're confident we can make a very compelling $25,000 electric vehicle that's also fully autonomous," Elon Musk said in September 2020.

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