“The next-generation vehicle will cost about half as much as Model 3 and Model Y and will be smaller,” said the Tesla CEO.
The Tesla CEO’s habit of making announcements through Twitter has brought him another bad experience. It is not the first time (nor the second…) that he has released an advance that he cannot fulfill, so there are many who take his messages with caution.
Taking advantage of the shareholders’ meeting in which Tesla made public its economic results for the last quarter of 2022, Elon Musk advanced some data on what will be Tesla’s new electric car platform.
It will be the third, after the one made for the Tesla Model X and Model S (the largest) and the compact one used for the Tesla Model 3 and Model Y.
Tesla’s new platform
During the round of questions, shareholders asked about the company’s plans to launch new products. One of the guests launched a reflection on the reduction in production costs of the largest models, which had reverted to an increase in profits. And he ended his intervention by asking about the date for the launch of a third platform.
Musk responded by assuring that although there is no set date for its launch, there is a plan on the table in progress to expand the catalog of electric cars. According to the advance released by Musk, the new platform that Tesla is preparing will be the smallest and cheapest.
“It’s the main focus of the new vehicle development team,” Musk said.
The platform of the Tesla of 20,000 euros
In addition to the fact that it will be smaller in size and will allow the price of the models to be reduced “by half”, the CEO of Tesla spoke about the costs and production volumes.
Musk assures that the production figures will be much higher than those recorded today for the compact models (Model 3 and Model Y), which represent 95% of the company’s total deliveries in the third quarter of 2022.
