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Elon Musk announced that in three years he will launch the cheapest Tesla model, which will cost just $ 25,000 and will be completely autonomous.
“This has always been our dream, to make electric cars at low prices,” Elon Musk said Tuesday night at an event on electric batteries, according to the BBC.
The main way that cheaper electric cars can be made is innovation in terms of batteries: their efficiency.
Tesla is already announcing batteries that will provide five times more power, six times more power and 16% more range.
Another aspect is the integration of the batteries in the car body, thus reducing the weight of the batteries.
However, the announcement did not please Tesla shareholders very much, as the company lost $ 50 billion of the value shown on the stock market.
A car that costs $ 25,000 would be much cheaper than the cheapest Tesla model, that is, the Tesla Model 3. Even in this case, announced by Elon Musk at $ 35,000, the price could not stay at this level except for a short time. .
Publisher: BP
