Tesla Wants To Cut Manufacturing Costs In Half In Order To Build A $20k EV | Carscoops

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Tesla Wants To Cut Manufacturing Costs In Half In Order To Build A $20k EV | Carscoops
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Tesla Wants To Cut Manufacturing Costs In Half In Order To Build A $20k EV | Carscoops carscoops

during its 2023 Investor Day event and instead focused on explaining how it will cut assembly costs by 50% in the future.

chief engineer Lars Moravy said the company will be able to build its next-generation vehicles for half the cost of the Model 3 and Model Y. As such, Tesla will be capable of building an EV for around $20,000.During the presentation, Moravy described how traditionally, a vehicle’s body-in-white is constructed from hundreds of stamped panels that are welded together with robots. Tesla will do things differently in the future.

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