Elon Musk Says Tesla's $25K Small EV Will Operate Mainly In Autonomous Mode | Carscoops carscoops
After first being announced by Musk in 2020,has been slowly developing its forthcoming EV with a targeted price tag of around $25,000. While many had expected Tesla to announce a raft of details about the car during its recent Investor Day, it sadly didn’t do so. However, Musk did recently mention the car during an interview at the“There is a clear path to making a vehicle, a smaller vehicle, that is roughly half the production cost of our Model 3,” he said.
“That’s a 5x in the value of a car and it costs the same to make the car,” Musk added. “At that point, you basically have software margins in a hardware product.”When speaking about the Model 2 and the company’s autonomous driving plans, Musk was likely referring to the company’swhere Tesla owners will be able to rent out their vehicles when they don’t need them.
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