There are reports that a significant refresh of the Tesla Model 3 is planned for next year that will reduce manufacturing costs.
by simplifying the production process. The changes will reduce the cost of manufacturing the cars, which could lead to lower prices for consumers and/or higher profit margins for the company.
Sales of the Model 3 in China fell 9% in the first ten months of this year compared to 2021, while BYD’s Qin and Han electric sedans outsold the Model 3, according to the China Passenger Car Association. In response, Tesla has cut the price of the Model 3 in China by 9% and offered other incentives to its Chinese customers.
Tesla, of course, refuses to speak except through Elon Musk’s tweets, so anything is possible. Those casting are being used in some of the company’s Model Y cars and are said to replace over 70 individual stamped components.reports that Musk told a recent Baron Funds conference, “Over and over, we found parts that are not needed. They were put in there just in case or by mistake. We eliminated so many parts from a car that did nothing.
“Having said that, consumers still tend to equate visual changes with newness,” he says. “Tesla knows visually tangible changes are in order. The upcoming changes that potential customers can see and feel will be very important in ensuring that EV customers still have Tesla at the top of their minds as truly excellent alternatives to Tesla are starting to flood the market.”
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