Tesla is reportedly planning to launch an entry-level electric vehicle (EV) called the Model Q in 2025.The Model Q will be built on Tesla's existing lines and is expected to have a price tag of under $30,000, including subsidies.If the US EV tax credit is scrapped by the incoming President, the price of the Model Q will increase to $37,499.The Model Q could be a cost-cut version of the Model 3 or Model Y, potentially with smaller batteries and fewer features.