The excitement in the automotive world has been overwhelming, and now it’s finally here: Tesla has officially unveiled the eagerly awaited Model 2. Elon Musk himself unveiled the new vehicle, triggering a veritable storm of reactions on social media and in the automotive press. The compact electric car is said to be not only affordable but also boasts an impressive range of 350 miles (around 560 kilometers)—a clear attack on the mass market.

Particular emphasis was placed on the new battery technology that Tesla has been developing for years and is now using for the first time in a production model. According to Musk, these are so-called “next-gen battery cells,” which not only offer higher energy density but are also significantly more cost-effective to produce. This will allow Tesla to reduce the price of the Model 2 to a level that should appeal to millions of potential buyers worldwide. Initial estimates place the base price at approximately $25,000 to $28,000—a challenge to traditional manufacturers like Volkswagen, Toyota, and Hyundai.

The design of the Model 2 also caused a stir. Sleek, futuristic, yet compact – the vehicle is clearly tailored to urban spaces and young target groups. Musk emphasized that the Model 2 is primarily intended for people who previously had no access to Tesla’s electric mobility due to high prices. “This is the car that will change the world,” Musk said on stage.

In addition to the range and pricing, he also discussed software features. The Model 2 will, of course, be equipped with the latest Autopilot system and will receive regular over-the-air updates that will improve the vehicle over time. Musk also announced that the Model 2 is ready for fully autonomous driving—a feature that will be released in the coming years.

Reactions from the industry were quick to arrive. While fans and investors are enthusiastic, some competitors are expressing skepticism. Questions remain regarding the supply chain, production capacity, and, above all, whether Tesla will actually fulfill its range promises. Nevertheless, there is broad consensus: If Tesla delivers on its promises, the Model 2 could revolutionize the entire automotive market.

For many observers, this unveiling marks a historic moment: For the first time, an affordable electric car with premium technology and a long range appears to be a reality. It’s a step that could make electric mobility accessible to broad segments of the population—and this is precisely what Musk has described as his mission for years.

Whether the Model 2 will truly become the “people’s Tesla” remains to be seen. But one thing is already clear: With its combination of range, price, and innovative battery technology, Tesla has set a new standard by which the entire industry must be measured.