Tesla CEO Elon Musk has been tempting the world for years with the dream of an affordable electric car, writes the agency Reuters.
Musk announced last year that plans are pending Tesla Model 2, which could be bought for 25 thousand dollars. The decision was made because it was not possible to create a new battery technology, which is especially important to make cars cheaper. Entering the consumer market is very important so that the company can increase production 15 times by 2030. Recently Tesla lowered the price of its cars to increase sales. The company’s shares are now 60% more valuable than a year ago, but still far from the high point in November 2021.
The affordable new car is expected to be the centerpiece of Musk’s new plan, which he will announce on Wednesday, March 1.
Whatever Musk says about deadlines, investors will be wary because the entrepreneur has a history of failing to meet deadlines. Tesla no comments were made.
The hints given by the mask about Model 2 leaves a lot of room for imagination. He said in 2020 that developing an accessible car model at a reasonable price was always the dream of his company. Recently released Tesla The engineer’s video shows a small car with Tesla characteristic lines, and those who follow the company’s work assumed that it might be Model 2.
Investors will be watching closely for signs of a change in demand. Planned to expand Cybertruck production, which, according to Musk, will be mass-produced next year. It is also planned to open new ones Tesla manufacturing facilities, with Mexico, Canada, Indonesia and South Korea being named as potential locations.
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