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Tesla plans to make new mass market electric car model in mid-2025

Elon Musk’s company sent invitation for bids to suppliers for new ‘Redwood’ model, according to sources

Tesla has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood” in mid-2025, according to four people familiar with the matter, with two of them describing the model as a compact crossover.

The Tesla CEO, Elon Musk, has long whetted fans’ and investors’ appetites for affordable electric vehicles and self-driving robotaxis that are expected to be made on next-generation, cheaper electric car platforms.

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