Elon Musk Says Tesla Is Working On a Car 'Half the Cost' of a Model 3

United States News News

Elon Musk Says Tesla Is Working On a Car 'Half the Cost' of a Model 3
United States Latest News,United States Headlines
  • 📰 RoadandTrack
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Elon Musk says Tesla is working on a car 'half the cost' of a Model 3.

As with anything Tesla, it's unclear how to take this promise. While the company has a long history of game-changing products and serious innovation, its list of promises is much longer still. With this announcement, the company now has more unreleased products publicly disclosed than it has products on sale; the Cybertruck, Semi, Roadster, and now this baby Tesla.

The first three have all missed their theoretical launch datesPricing, too, has been a place where Tesla has struggled to meet the expectations it sets for itself. The Model 3 was first pitched as aand, when it proved basically impossible to manufacture profitably at that price, Tesla axed the base model after very few deliveries. A current Model 3 starts at $46,990, although of course, all cars have gotten more expensive since the cheapest Tesla was announced.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

RoadandTrack /  🏆 577. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla To Build 1,0000 GWh Of Battery Cells Domestically, Over Double Entire World's 2022 OutputTesla To Build 1,0000 GWh Of Battery Cells Domestically, Over Double Entire World's 2022 OutputTesla is dramatically accelerating its plan to bring its battery supply change to the US to meet the needs of the IRA tax bill.
Read more »

Elon Musk: Tesla Could Be Worth More Than Apple + Saudi Aramco. Stock Market: Not So Fast.Elon Musk: Tesla Could Be Worth More Than Apple + Saudi Aramco. Stock Market: Not So Fast.On the Tesla conference call today, the 1 headline grabber was that Tesla CEO Elon Musk now thinks Tesla [NASDAQ:TSLA] could one day become more valuable than Apple and Saudi Aramco currently are combined. That
Read more »

Elon Musk says Tesla can surpass combined value of Apple and AramcoElon Musk says Tesla can surpass the combined value of Apple and Saudi Aramco, the world's 2 most valuable companies
Read more »

Elon Musk says Tesla can surpass combined value of Apple and AramcoElon Musk says Tesla can surpass the combined value of Apple and Saudi Aramco, the world's 2 most valuable companies
Read more »

Tesla Takes EV Sales Crown From VW In Germany | CarscoopsTesla managed to sell 38,458 vehicles in Germany from January-September
Read more »

Elon Musk says Tesla can surpass combined value of Apple and AramcoMusk's claim comes after Tesla posted a bumper third-quarter profit. Tesla would have to grow by about six times to rival Apple and Aramco combined.
Read more »



Render Time: 2025-02-22 08:24:43