Was at a ‘Friendsgiving’ and a guy was talking about the Tesla Model 2 being an entry-level Tesla that would rival the Toyota Camry pricewise. But I don’t see why Tesla would cut into their Model 3’s sales like that. Plus the model 3 is fairly cheap nowadays with price cuts
Tesla have said they are working on a cheaper next generation car.
Any details about that car are so far unconfirmed. Including when or where it will be made.
Since we haven’t seen any prototypes or progress on production lines it is probably still at least two years from release at this point.