Musk is bad about price promises, but $10k is a huge exaggeration, you can still get the Model 3 for $39k. The Model 3 was available to anyone who preordered it for that price and was available for around $37k for some time.

You suggestion puts it around $3k below the cost of the Model 3, which begs the question of why put out a second model at all. If it’s not in the $28k or less, there really isn’t a ton of point to it.

The Model 3 is pretty close to $35k, so while the compact car might not hit precisely $25k, it should be distinctively below $30k.