I am referring to the entry-level electric vehicle we’ve been hearing for eons now. At Battery Day last year, Elon Musk confirmed the low-cost electric vehicle with a starting price of $25,000 without going into the finest of details. Does that figure include the federal tax credit, state-level incentives, or any savings at all? We don’t know, and Tesla still is mum on the subject.On the upside, we have a rough image of the newcomer. Posted in January 2020 on the automaker’s Chinese website, a design sketch of the “Model 2” or whatever it’s going to be called reveals a three-/five-door hatch of sorts.The sneak peek was followed by a regional design center tasked with penning a Chinese-style car. Last summer, Tesla kicked the project in high gear by taking design submissions for the yet-to-be-named electric vehicle.According to the latest hearsay from the Middle Kingdom, trial production is expected to start at the end of 2021 and series production would begin sometime in 2022 for the 2023 model year. This particular timeframe is pretty damn tight by automotive standards, and the chief executive officer of Tesla is known for overpromising and underdelivering. Take, for instance, the Roadster 2.0, Cybertruck, and Semi that have all been delayed to 2022.In the meantime, pixel wizards are trying to imagine the $25,000 hatchback with familiar styling instead of the design sketch I’ve mentioned earlier. Sugar Chow used the Model 3 as the basis for his rendering, and the five-door compact doesn’t look half bad in my humble opinion. Tesla is most likely going to borrow a few parts from the Model 3 to keep costs as low as possible, but do remember that not even a single prototype has been spied thus far.