The Model 3 SR in China is ~$33000USD and in the US (after tax credit), about $34000. Tesla is aiming for a much lower cost to produce... they've stated 50% COGS of the Model 3, which would put its cost at about $18000 USD. Their goal is to achieve > 20% gross margin, which would still be achievable at a selling price of $25K USD.

1. Less than a handful. $25k brings several options.

2. To effectively be a $20k car EVs have an advantage because of their tax subsidies. {Base Price} - {Tax Credit} < $20,000 is plausible. It's impossible to say who will qualify or how big of a tax credit US customers will have by the time this would launch.

Except... by the time it actually ships, probably $40k :(

Nissan Versa, $15,830

Mitsubishi Mirage, $16,245

Kia Rio, $16,750

Hyundai Venue, $19,650

Kia Forte, $19,690

Subaru Impreza, $19,795

Kia Soul, $19,890

There are some low end Nissans, Kias, and Mitsubishis on cars.com for sub-19k USD as of right now.

A base model Nissan Versa is $15k MSRP. They have other models in that range.

Or you can get a new Toyota Corolla for $21k MSRP, which is close enough.