Elon Musk's new Master Plan for Tesla should've introduced cheap EVs. Instead, we got a whole lot of nothing.
at Tesla's gigafactory Wednesday was widely expected to put front-and-center an affordable version of its pricey EVs — showing the company meant business when it came to delivering affordable electric vehicles.
Sure, these details offer varying degrees of intrigue, but they do little to disguise the fact that cheap EVs – the holy grail in Musk's quest to make Tesla the leader in a global transition to clean-energy transportation – remain elusive. "The desire for people to own a Tesla is extremely high. The limiting factor is their ability to pay for a Tesla," he said at the event. But the lack of any firm details on a cheap EV made for a puzzling omission from what was meant to be a showcase of Tesla's offerings.EV sales grew 36% in 2022, according to figures from S&P
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