Resolves YES if Tesla (or Elon Musk on behalf of Tesla) formally announces a new mass-market EV widely referred to as the “Model 2,” “$25k Tesla,” or comparable sub-$30,000 vehicle before July 1, 2026, via any of the following official channels:

• Tesla Investor Day or product event

• Tesla website

• Earnings call

• Press release

• Elon Musk announcement clearly intended as a Tesla product reveal

Resolves NO if no such announcement occurs by the deadline.

Ambiguities:

• Rumors, leaks, or offhand social media comments do not count.

• Cybertruck trims or updated Model 3/Y variants do not count.

• Must be a new model line and clearly positioned as a lower-cost Tesla EV.