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Tomorrow is Tesla's Investor Day and reports are hinting that they're going to reveal an affordable Model 2 as part of the event.

March 1st is shaping up to be a potential boom or bust for Tesla and its faithful followers. Elon Musk has touted the brand’s first-ever Investor Day, scheduled on the 1st, as the place where he’ll unveil Master Plan 3. Analysts think that a new entry-level Tesla, for now dubbed Model 2, will be a major part of the announcement.

Musk has said a lot over the years including that building a great $25,000 electric vehicle “has always been our dream from the beginning of the company.” Now, a New Street Research Managing Partner and Tesla Bull, Pierre Ferragu is predicting that Musk will unveil this car on Investor day. In fact, he’s got some very specific predictions about its makeup.

Among those thoughts is the prediction that the new Model 2 will be 15% shorter, 30% lighter, and feature a battery that’s 25% smaller compared to the Model 3. Ferragu says that those changes along with design, architecture, and manufacturing innovations will result in the Model 2 being some 37% less expensive to build.
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