The Model 3 is $36k in China, $38k in the USA. They've missed the mark a bit, so a $25k vehicle might be welcome, especially in developing economies.

Well, adjusting for the inflation we’ve seen over the past few years, the price is actually not very far from 30k in pre-pandemic times.

They've already been beaten to the punch by BYD and their multiple cars under $20k. They even have a small hatchback for less than $10k!

https://electrek.co/2024/03/06/byd-launches-cheaper-seagull-...

Sure, but Tesla could always compete against BYD here if they wanted to. There might not be much profit in it, however, and Tesla has a bit better reputation at the high end whereas BYD might still be struggling to sell its higher priced vehicles (for now).

> They've missed the mark a bit

So, $25k car would actually be $30+k