This trend has been taken advantage of by major automakers like Volkswagen and Ford, which have resulted in the production of vehicles that are not overly expensive.
When something like this takes place, all eyes are on Tesla, which is the first brand name that springs to mind when one considers electric vehicles.
Will eventually release a model that is more accessible to the average consumer? The specifics are as follows…
As you are aware, is a publicly traded company that, throughout the year, convenes meetings with its shareholders to discuss business matters. The future gathering will be known as “Tesla Investor Day” and will take place on March 1.
At this event, Tesla may reveal a new electric vehicle (EV) platform that is more affordable. Elon Musk, CEO of Tesla, disclosed on the company’s earnings call for the company’s Q3 in October of the previous year that the new platform will be less in size than the platform used for the Model 3/Model Y.
Additionally, he noted that efforts will be made by the corporation to cut expenses. Following the trajectory of its “Master Plan,” which aims to push the firm away from high-cost designs with low-volume production and toward low-cost designs with high-volume production, Tesla will use this new vehicle platform to build its third car.
The Model S and the Model X were built on the first platform, and the Model 3 and the Model Y are built on the second platform. Regrettably, there is no information regarding the anticipated models of Tesla that are more affordable. Nevertheless, there are analysts who believe that the base price of these automobiles will be $25,000.
If Tesla is in fact working on a vehicle with lower prices, why hasn’t any information about it been made public yet? The answer to this question is quite straightforward: the new model is probably still in the stage of design and planning, and it might be quite some time before it goes into production.
Comparatively, in 2019, Elon Musk unveiled the CyberTruck and began taking pre-orders for the vehicle, although it has not yet been made available to the public. It’s possible that the same thing will happen with these more cheap variants. On March 1st, we will find out whether or not all of these rumours and rumours are genuine.For more updates newsyorbit.com