On the fourth-quarter and full-year 2021 earnings call, Musk confirmed that Tesla is not currently developing the car, which costs about $25,000 (about $160,000).

He noted that Tesla currently has too much to do and that the $25,000 (around $160,000) car isn't a priority, and Musk stressed that Tesla's current problem should be about future transportation, not a $25,000 ($160,000) car.
The simple fact is that Tesla is currently working on several projects, including the modification and engineering of three different vehicles (Roadster, Semi and Cybertruck), and Tesla also hopes to launch a fully autonomous driving software next year, even Tesla, which already has four production facilities, will have to adjust.
So, will this extremely cost-effective Tesla disappear? No, but it certainly won't launch in 2022 either, and perhaps it will be able to launch after Tesla opens more factories, and we predict that this point in time could be 2023/2024.