The less expensive EV will be manufactured at Tesla's existing production facilities and incorporate features and technologies from its current and future models.
Today, the company posted its fourth-quarter 2024 results. Indeed, its electric vehicle sales have decreased, yet the disclosed documents outline several objectives and commitments for upcoming products. Tesla aims to broaden its lineup and is considering the introduction of newer, more affordable models.
which Tesla claims will enter mass production in 2026.
Up to this point, Tesla has revealed little about the new model or future models it plans to introduce in the coming months.
They might even surpass the capabilities of a discontent Model 3 or Model Y. According to the most recent investor report, various features from the Cybettruck will be implemented into “Future Vehicles.” These features include steer-by-wire technology, an 800V architecture, rear-wheel steering, and giga-casting.
It's unlikely that all innovations will be included in whatever budget Tesla model is introduced. Features like air suspension and an 800V electric architecture, which are more advanced, are likely to remain in the showroom.
Tesla says this will enable it to use its full production capacity fully and increase its output by 60%.
This is a developing post. We will be providing additional information as it becomes available.
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