Tesla CEO Elon Musk introduced on this week’s Q3 earnings name that the corporate has a brand new, smaller platform within the works that can ultimately spawn a mannequin to fit beneath the Mannequin 3 and Mannequin Y. Musk mentioned this “next-generation” platform can be solely “about half the price” to provide in comparison with the corporate’s present compact structure, Inside EVs studies.
It needs to be famous that manufacturing prices do not scale instantly with retail pricing, so it will be untimely to imagine {that a} new entry-level Tesla that prices half as a lot to construct can even value half as a lot to purchase, particularly in a local weather the place automakers try to claw again extra margin from manufacturing fashions that have been priced earlier than inflation swamped the market and the “S” in “MSRP” abruptly grew to become extremely related.
On high of that, Musk gave no indication as to when this new platform is perhaps prepared for manufacturing. With the Roadster, Semi and Cybertruck already in Tesla’s slow-moving queue, it is unlikely that we’ll be getting on Musk’s newest imagined journey within the foreseeable future. However then once more, time stands nonetheless at Tesla. Simply suppose again to Elon Musk’s guarantees of a $35,000 Mannequin 3, then Google that automobile’s MSRP. Hey, what’s $16,000 between stans?
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