Tesla relied on existing technology to bring cheaper electric vehicles to market this year
Tesla will review its existing electric vehicle (EV) and components bin platforms in an effort to accelerate the introduction of cheaper, new-generation models as early as late 2024.
In his first-quarter investor presentation today, Tesla CEO Elon Musk said the brand will use “aspects of the next-generation platform as well as aspects of the our current” in its new electric vehicle.
The announcement came less than a month after publication was respected Reuters reports Tesla’s long-awaited $25,000 small electric car were removed support robotaxi. Mr Musk responded at the time by saying “Reuters is lying” without detailing where the reporting was inaccurate.
When speaking to investors today, Mr. Musk said the new cars could go into production as early as the end of 2024 — although such a timeline seems bold based on the models. previous car as Electronic truck and Semi was delayed for many years.
“We have updated our future vehicle lineup to accelerate the launch of new models ahead of the previously mentioned start of production in the second half of 2025,” Musk said.
“We look forward to it [start of production] probably early 2025, if not later this year.”
Although many reputable outlets have previously speculated that Tesla’s upcoming, more affordable models could be manufactured in Mexico and India, it is understood that by relying on resources now available. Model 3 And Model Y As for parts, the new cars will likely be built on existing production lines.
Despite announcing plans to launch cheaper models sooner, Tesla won’t expand on what we can expect from these cars.
Instead, Tesla expanded the implications of using existing parts and platforms for its production plans.
“This update may result in less cost reduction than previously expected but allows us to cautiously increase vehicle volumes in a more capital-efficient manner during uncertain times,” the manufacturer said. automobile manufacturer said in its presentation materials.
“This will help us take full advantage of our current expected maximum capacity of nearly 3 million vehicles, representing more than 50% growth compared to 2023 output before investment in new production lines. ”
Last year, Tesla produced 1,845,985 vehicles worldwide, a new record for the brand and a 35% increase over the previous year.
However, in the first quarter of 2024, Tesla reported producing 433,371 vehicles and selling just 386,810, its lowest quarterly deliveries since 2022.
While Tesla’s robotaxi was previously said to be based on the same platform as the $25,000 model, we’ll have to wait until August 8 when the self-driving car is revealed to see if it shares any parts with the low-cost car available to private buyers.
Because there’s no information on the new Tesla models, we can’t provide a timeline on when – or even if – they will arrive in Australia.
Currently, Australia is only accepting Model 3 and Model Y, both from Tesla’s Shanghai factory.
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