Tesla vows to halve EV production costs, Musk keeps affordable car plan under wraps

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Tesla will cut assembly costs by half in future generations of cars, engineers told investors, but Chief Executive Elon Musk did not unveil when it will debut its affordable electric vehicle $TSLA

A general view of the Tesla gigafactory in Austin, Texas, U.S., February 28, 2023. REUTERS/Go Nakamura/File PhotoIt would also represent a sales volume for Tesla alone of about a quarter of last year's total global car sales.

"The desire for people to own a Tesla is extremely high. The limiting factor is their ability to pay for a Tesla," Musk said. Musk said Tesla could need as few as 10 models, which at target production would amount 2 million sales per year for each model line. By comparison, Toyota sells just over 1 million Corollas a year globally.

Moravy described a production process for future EVs he called an "unboxed" model of snapping together sub-assemblies to reduce complexity and time in production.

 

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Sure, just like Elon has so successfully cut costs at Twitter

This is why competition is a good thing, now if they could only make the cars safe enough to drive.

Easier said than done! Yet, in elonmusk we trust! If anyone can, ElonMusk CAN.

One thing is guaranteed. If Musk says they expect to build the next-generation vehicles for half the cost of the current vehicles, then that's not going to happen.

elonmusk Tesla always wins✌️

He needs to lower the cost so his new white supremacist trailer trash friends can afford them.

Lower cost, lower quality. You can't have both.

Oh look, the world’s richest white supremacist troll has ideas.

is that why he’s moving prod facilities overseas and just across the border into mexico? cut down on labor costs and keep his slaves?

They’re not cheap already? 🤔 Tesla x ElonMusk x ElectricVehicle

I don't care about EV's. I need an affordable 1 MWh powerwall Tesla elonmusk

It always seems to be the same problem make an announcement but no date when it will happen.

They will need to, the Chinese are coming.

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