Affordable Tesla Model Is—Apparently—Back On

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Affordable Tesla Model Is—Apparently—Back On
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Plans for an inexpensive Tesla model are back, with Elon Musk aiming for half the cost of the Model 3/Y platform. But when will we see it?

, as it is sometimes known in Tesla watcher circles and as seen in our rendering above, now appears to be back on the drawing board, but without a clear timeline.

"But it will, I think, certainly become, certainly exceed, the production of all our other vehicles combined," he added.to manufactureThe Tesla Cybertruck isn’t expected to launch anytime before December 2023...It hasn't been lost on EV buyers that Tesla models have not become cheaper in the past three years. The Model Y is now a $67,000 car, while the promises ofare have long since faded. The Model S—a decade old though updated recently—now starts just north of $105,000.

With his recent comments Musk appears to be backtracking, hinting that Tesla does have an interest in producing more copies of a less expensive model.Slicing the production costs of the Model 3 in half, however, appears to be a taller order today than it was three years ago, as the EV industry continues to face shortages of parts and raw materials.

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