For years, Tesla CEO Elon Musk has been promising an reasonably priced electrical car, seemingly priced at $25,000, as a technique to broaden the attraction of plug-in autos.
He first talked about it in a 2018 interview with YouTuber Marques Brownlee, saying “a $25,000 automobile, that’s one thing we are able to do.” Then in 2020, on the firm’s first Battery Day occasion, he speculated that Tesla might ultimately produce upward of 20 million of those autos in a yr — or roughly twice the present manufacturing of Toyota, GM, or Volkswagen.
Things began to speed up final yr at Tesla’s shareholder occasion, the place the corporate’s executives spoke a few specialised manufacturing method that they known as the “Unboxed Process.” This breakthrough would enable Tesla to dramatically cut back the price of manufacturing, enabling it to promote a car on the $25,000 worth level.
The next-gen car will seemingly be a crossover or hatchback and will function design components lifted from the Tesla Cybertruck. But furthermore, it could be the success of a promise made years in the past to make EVs extra reasonably priced to the plenty.
Elon Musk makes numerous guarantees, a few of which he can’t preserve. Let’s hope this isn’t one in all them.
