Tesla's value drops $50 billion as Musk's promised cheaper battery 3 years away
4 years, 3 months ago

Tesla's value drops $50 billion as Musk's promised cheaper battery 3 years away

The Hindu  

Investors slashed $50 billion from Tesla Inc's market value on Tuesday despite CEO Elon Musk's promise to cut electric vehicle costs so radically that a $25,000 car that drives itself will be possible, but not for at least three years. “There was nothing tangible.” Investors had expected two significant announcements at Musk's oft-touted “Battery Day”: The development of a “million mile” battery good for 10 years or more, and a specific cost reduction target -- expressed in dollars per kilowatt-hour -- that would finally drop the price of an electric vehicle below that of a gasoline car. Tesla's new larger cylindrical cells will provide five times more energy, six times more power and far greater driving range, Musk said, adding that full production is about three years away. To help reduce cost, Musk said Tesla planned to recycle battery cells at its Nevada “gigafactory,” while reducing cobalt -- one of the most expensive battery materials -- to virtually zero.

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History of this topic

The withering dream of a cheap American electric car
1 month, 1 week ago

The withering dream of a cheap American electric car

Live Mint  

The dream of a $25,000 electric vehicle for U.S. drivers is in trouble. Musk isn’t alone in taking a sour view of making a cheap EV for the U.S. “That market sucks,” Peter Rawlinson, chief executive of Lucid Motors, told me and my colleague Christopher Mims for our new podcast, called “Bold Names.” Lucid which has begun taking orders for …

Elon Musk's Tesla hits $1 trillion market value after Trump win
1 month, 2 weeks ago

Elon Musk's Tesla hits $1 trillion market value after Trump win

India Today  

Tesla's market value closed above the $1 trillion mark in a sharp rally on Friday, on expectations that CEO Elon Musk's companies will get favourable treatment under President-elect Donald Trump for his extensive support during the poll campaign. "Tesla and CEO Elon Musk are perhaps the biggest winners from the election result, and we believe Trump's victory will help expedite …

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk’s electric vehicle company
1 month, 2 weeks ago

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk’s electric vehicle company

Associated Press  

NEW YORK — Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House. Tesla stands to make significant gains under a Trump administration with the threat of diminished subsidies for alternative energy and electric vehicles doing the most harm to smaller competitors. …

Tesla's value dropped by $60 billion following 'glowing' unveiling of Cybercab robotaxi. Here's why
2 months, 1 week ago

Tesla's value dropped by $60 billion following 'glowing' unveiling of Cybercab robotaxi. Here's why

Firstpost  

Many analyst expected more specific data, such as timelines and production numbers, which are typically provided at Tesla’s events. Instead, the showcase focused heavily on branding and promoting Tesla’s broader vision, leaving the investment community with little to work with However, despite the big promises, many investors and analysts left the event feeling unsatisfied. Analysts pointed out that the presentation …

What next for Tesla shares? Why energy storage may decide its future
3 months, 3 weeks ago

What next for Tesla shares? Why energy storage may decide its future

Daily Mail  

There are various factors behind the poor performance in the shares of this member of the Magnificent Seven of tech. Chinese manufacturers, such as BYD and Geely, are challenging Tesla's dominance – especially in China, the world's largest EV market. BMW may hold on to this advantage following the imposition by the EU of a 9 per cent duty on …

Elon Musk is $29.9 billion poorer, biggest billionaire loser so far in 2024
5 months, 2 weeks ago

Elon Musk is $29.9 billion poorer, biggest billionaire loser so far in 2024

Hindustan Times  

Elon Musk's net worth has fallen more than any other billionaire in the world in the first six months of 2024, as per Forbes’ estimates. The Tesla boss has lost money despite a boom in stock market although the massive salary package cleared by his company's shareholders could raise Elon Musk’s fortunes. From December 31, 2023 to June 28, 2024, …

Tesla Quarter 1 profit falls 55%, company plans move to cheaper vehicles
8 months ago

Tesla Quarter 1 profit falls 55%, company plans move to cheaper vehicles

Hindustan Times  

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. On a conference call with analysts, CEO Elon Musk said he expects production to start in the second half of next year “if not late this year.” New factories or massive new …

Tesla cuts prices amid global challenges
8 months ago

Tesla cuts prices amid global challenges

China Daily  

This file photo taken on Jan 12, 2018, shows a Tesla logo seen in Los Angeles, California, the US. The world's largest EV maker by volume, which is owned by the technology billionaire Elon Musk, said it would reduce prices in all of its major markets, which include the US, Germany, and China. The Chinese smartphone maker Xiaomi has also …

Tesla knocks $2,000 off prices for 3 EVs after shares crash 39% YTD on falling sales
8 months ago

Tesla knocks $2,000 off prices for 3 EVs after shares crash 39% YTD on falling sales

Live Mint  

Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla's most popular model and the top-selling electric vehicle in the US, and …

Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
8 months ago

Tesla cuts US prices for 3 of its electric vehicle models after a difficult week

Associated Press  

Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric vehicle in the U.S., and …

Tesla share price falls 37% in 2024 as Elon Musk’s EV maker suffers demand slowdown; market value drops below $500 bn
8 months, 1 week ago

Tesla share price falls 37% in 2024 as Elon Musk’s EV maker suffers demand slowdown; market value drops below $500 bn

Live Mint  

Tesla share price extended fall for 2024, pushing its market valuation briefly below $500 billion amid a round of job cuts this week underscoring that the company’s growth has slowed. Tesla shares have not closed with a market value under $500 billion since late April last year and stayed narrowly above the mark as of Tuesday’s close, Bloomberg News reported. …

Tesla loses over $82 billion, stock plunges 12% in a single day after ‘disastrous’ earnings call
10 months, 4 weeks ago

Tesla loses over $82 billion, stock plunges 12% in a single day after ‘disastrous’ earnings call

Firstpost  

The stock value of Tesla saw a significant dip of just over 12% on Thursday following remarks by CEO Elon Musk highlighting the challenges posed by Chinese electric-car manufacturers, whom he referred to as “the most competitive car companies in the world.” During Tesla’s earnings call on Wednesday, Musk praised Chinese carmakers such as BYD, Geely, and SAIC, emphasizing their …

Tesla hit by first ever drop in annual profits amid electric car price war
11 months ago

Tesla hit by first ever drop in annual profits amid electric car price war

The Telegraph  

Tesla has recorded its first ever drop in annual profits as it suffers the effects of an electric vehicle price war orchestrated by its chief executive, Elon Musk. It caps a challenging year for Tesla and Mr Musk, in which the company has been overtaken as the world’s best-selling electric car manufacturer by China’s BYD and its chief executive has …

Tesla ready to open factory in India, but has this condition
1 year, 1 month ago

Tesla ready to open factory in India, but has this condition

Hindustan Times  

Tesla is ready to invest up to $2 billion to set up a factory in India if the government cuts import duty on its vehicles to 15% for the first two years of operations, the Economic Times reported on Friday. Prime Minister Narendra Modi met Tesla chief executive Elon Musk during a state visit to the US in June. The …

Tesla in India: Elon Musk’s EV company set to sign deal to start importing cars, set up $2bn factory
1 year, 1 month ago

Tesla in India: Elon Musk’s EV company set to sign deal to start importing cars, set up $2bn factory

Firstpost  

Tesla is expected to invest about $2 billion initially for its manufacturing plant. Tesla may also explore the possibility of manufacturing its batteries in India It seems that Tesla is set to enter the Indian market in 2024, first through imported cars and then later selling India-made Teslas. India is reportedly on the verge of finalizing an agreement with Tesla …

Tesla prices now rival average U.S. cars after billions in cuts
1 year, 2 months ago

Tesla prices now rival average U.S. cars after billions in cuts

LA Times  

Some see Tesla’s price cuts as the cost of propping up demand after Chief Executive Officer Elon Musk’s acquisition of Twitter — now X Corp. — and his increasing engagement with right-wing politics. Black has used his widely followed social media account on X, formerly known as Twitter, to advocate for Tesla to spend money on traditional advertising campaigns rather …

Super Tesla, Super Elon Musk: EV maker earned over $25 bn last quarter, despite lowering margins
1 year, 5 months ago

Super Tesla, Super Elon Musk: EV maker earned over $25 bn last quarter, despite lowering margins

Firstpost  

Despite falling margins, Tesla had a blast in the last quarter, where it made over $25 billion. Tesla may very well become the most profitable car maker soon, as it is set to meet its projections this year, which will only be boosted by the Cybertruck Tesla made $2.7 billion in profit during the second quarter, which is 20 per …

Tesla raises 2023 spending forecast as it races to ramp up output
1 year, 8 months ago

Tesla raises 2023 spending forecast as it races to ramp up output

Live Mint  

Tesla Inc raised its capital expenditure forecast for 2023 on Monday as the automaker ramps up output at its factories to take advantage of the rising interest in electric vehicles. The company, led by Elon Musk, said in a filing that it expects to spend between $7 billion and $9 billion this year, higher than its previous outlook of $6 …

Elon Musk unveils exciting details on Tesla’s upcoming small electric car
1 year, 9 months ago

Elon Musk unveils exciting details on Tesla’s upcoming small electric car

Live Mint  

Tesla CEO Elon Musk is eager to expand the company's reign in the electric vehicle market by offering a diverse range of products, including a more affordable EV. Although he had previously stated his desire for a product cheaper than the current most affordable Tesla Model 3, Musk has now shared crucial details about the upcoming smaller EV. According to …

Tesla Model Y price drops by £2,770 as Elon Musk slashes prices again
1 year, 9 months ago

Tesla Model Y price drops by £2,770 as Elon Musk slashes prices again

The Telegraph  

Elon Musk’s Tesla has cut the price of its cars in the UK for the second time this year in an effort to boost demand. The Model Y was the sixth best selling car in Britain last month, according to figures released by the Society of Motor Manufacturers and Traders. Across the market, UK car sales leapt by more than …

Tesla gets $330M tax deal for Nevada expansion, truck plant
1 year, 9 months ago

Tesla gets $330M tax deal for Nevada expansion, truck plant

Associated Press  

LAS VEGAS — Tesla won more than $330 million in tax breaks from Nevada on Thursday for the company’s commitment to a massive expansion of its sprawling vehicle battery facilities east of Reno, including the construction of a new electric semi-truck factory. Bob Fulkerson, a longtime social-justice organizer in Reno who raised similar concerns, said the needs of working-class families …

Tesla’s growth ambition comes with a $175 billion price tag
1 year, 9 months ago

Tesla’s growth ambition comes with a $175 billion price tag

Live Mint  

AUSTIN, Texas—Elon Musk’s Tesla Inc. spent around $28 billion to cement itself as the world’s most valuable car company. Today’s largest auto maker sells roughly half that annually, while Tesla delivered around 1.3 million vehicles to customers globally last year. Mr. Kirkhorn, the CFO, said his investment forecast of up to $175 billion, including around $28 billion already spent, was …

Tesla says production innovation to cut auto costs by half
1 year, 9 months ago

Tesla says production innovation to cut auto costs by half

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. CEO Elon Musk and other executives outlined the goals …

Tesla’s Investor Day: Musk may announce many things, but an affordable Tesla is what fans want
1 year, 9 months ago

Tesla’s Investor Day: Musk may announce many things, but an affordable Tesla is what fans want

Firstpost  

Elon Musk the eccentric genius who made Tesla what it is today, has teased the world for years with his fantasy of a cheap and affordable electric vehicle. Last year Musk said that he had to scrap the plans for Model 2 because Tesla hasn’t perfected the new battery technology which, according to Musk, will be critical to power low-cost …

Elon Musk may announce plan to build Tesla's affordable electric car this week
1 year, 9 months ago

Elon Musk may announce plan to build Tesla's affordable electric car this week

Hindustan Times  

Tesla Chief Executive Elon Musk has for years teased the world with his dream of an affordable electric car. Musk said last year he shelved the plan for a $25,000 car, known as Model 2, and he hasn't mastered the new battery technology that he has stated would be crucial to the cheap cars. Guidehouse Insights analyst Sam Abuelsamid said …

Elon Musk’s playbook for Tesla to survive recession: Cut costs drastically, engage competitors in price war
1 year, 10 months ago

Elon Musk’s playbook for Tesla to survive recession: Cut costs drastically, engage competitors in price war

Firstpost  

Elon Musk believes that 2023 will see the beginning of a massive recession. In a conference call discussing Tesla’s fourth-quarter results, with Tesla executives, Elon Musk outlined his plan to reshape the economics that electric vehicle makers follow, in order to survive what Musk believes to be a “serious” recession. Musk plans to run Tesla’s factories in a much leaner …

Tesla's price move in US and Europe. Aim: Drive up sales
1 year, 11 months ago

Tesla's price move in US and Europe. Aim: Drive up sales

Hindustan Times  

Tesla has slashed prices on its electric vehicles in the United States and Europe by as much as 20%, extending a strategy of aggressive discounting after missing Wall Street estimates for 2022 deliveries. Read here: Elon Musk's net worth down by $182 billion since November 2021, 'worst loss' in history The move, which prompted a 3.8% fall in Tesla's shares …

Tesla used car price bubble pops, weighs on new car demand
1 year, 11 months ago

Tesla used car price bubble pops, weighs on new car demand

Live Mint  

Tesla buyers who waited months for their new car have had an unusual choice for much of the past two years: keep the new electric vehicle, or sell it at a profit to someone with less patience. And buyers of some new Teslas took advantage of the booming market to sell their relatively new cars for a profit, then order …

Tesla will not start German mass battery production before 2024
2 years, 2 months ago

Tesla will not start German mass battery production before 2024

The Hindu  

Tesla will not start mass production of battery cells at its European gigafactory near Berlin before 2024, German business daily Handelsblatt reported on Friday, citing experts, two of whom are close to the company. According to the report, problems have been discovered with an important production process presented by Tesla Chief Executive Elon Musk two years ago. Currently, battery research …

Tesla Surpasses 3 Million Car Production Milestone: Elon Musk
2 years, 4 months ago

Tesla Surpasses 3 Million Car Production Milestone: Elon Musk

News 18  

Elon Musk has announced that his electric car company Tesla surpassed the milestone of producing 3 million vehicles. In an earnings call, Musk said that Tesla’s new factory outside of Berlin crossed 1,000 cars per week in June. pic.twitter.com/2Aee6slCuv— Elon Musk August 14, 2022 Over 413,000 EVs were sold in the US in H1 2022, including over 64,000 electric pick-up …

‘Unknowns’ delay Tesla’s ramp-up of its own cutting-edge batteries
2 years, 5 months ago

‘Unknowns’ delay Tesla’s ramp-up of its own cutting-edge batteries

The Hindu  

Tesla Inc is falling short of CEO Elon Musk's target to make its own next-generation batteries, sparking questions over the top electric car maker's ability to maintain its blistering expansion of auto production next year and beyond. Tesla said on Wednesday it would rely on suppliers to meet battery demand this year, as the necessity of learning new technologies is …

Musk says Tesla’s new car factories ‘losing billions of dollars’
2 years, 6 months ago

Musk says Tesla’s new car factories ‘losing billions of dollars’

The Hindu  

Tesla Inc's new car factories in Texas and Berlin are "losing billions of dollars" as they struggle to increase production because of a shortage of batteries and China port issues, Chief Executive Elon Musk said in an interview published on Wednesday. Musk said Tesla's Texas factory produces a "tiny" number of cars because of challenges in boosting production of its …

Tesla will HIKE the prices for all its cars by at least $3,000 - with a Model Y now costing $65,990
2 years, 6 months ago

Tesla will HIKE the prices for all its cars by at least $3,000 - with a Model Y now costing $65,990

Daily Mail  

Tesla has significantly increased the prices of its entire car lineup once again - as the US continues to struggle with surging inflation and record gas costs. The increases, which the company says is due to supply chain issues, saw the price tag for the Model S increase by $5,000, from $99,990 to $104,990 The hike, the second so far …

Musk says Tesla, SpaceX face 'significant' inflationary pressure
2 years, 9 months ago

Musk says Tesla, SpaceX face 'significant' inflationary pressure

The Hindu  

Tesla Inc Chief Executive Officer Elon Musk said the U.S. electric carmaker and his rocket company SpaceX are facing significant inflationary pressure in raw materials and logistics. Musk in a tweet on Sunday also asked about inflation rate outlook and said his companies "are not alone", retweeting an article saying the Ukraine-Russia conflict sent commodity prices to their highest levels …

Business Highlights: High inflation, stock market slump
2 years, 10 months ago

Business Highlights: High inflation, stock market slump

Associated Press  

___ US inflation highest in 40 years, with no letup in sight WASHINGTON — Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the economy. ___ Stocks slump, bond yields soar after a hot inflation reading NEW …

Tesla posts record profit, won’t produce new models in 2022
2 years, 10 months ago

Tesla posts record profit, won’t produce new models in 2022

Associated Press  

DETROIT — Tesla Inc. on Wednesday posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer chips that has slowed the entire auto industry. Although the company predicted it would be able to build 50% more vehicles than it made last year, CEO Elon Musk said the chip shortage would stop …

Panasonic Plans to Mass Produce Next-Gen Lithium-ion Batteries For Tesla in 2023
2 years, 11 months ago

Panasonic Plans to Mass Produce Next-Gen Lithium-ion Batteries For Tesla in 2023

News 18  

Panasonic is reportedly planning to mass-produce new lithium-ion batteries as early as 2023 for Tesla that could increase the range of electric vehicles by up to 20 percent. According to Nikkei Asia, the Japanese company plans to invest about $705 million in production facilities to make the new batteries for Tesla from as early as 2023. The new cells would …

Tesla posts record sales as electric cars take off
2 years, 11 months ago

Tesla posts record sales as electric cars take off

The Telegraph  

Tesla has smashed its previous record for vehicle sales by delivering 308,600 cars in the fourth quarter. The stronger-than-expected results brought total sales in 2021 to 936,000, around 87pc higher than a year earlier. The figures are seen as a key measure of both the company’s strength and wider demand for electric vehicles, given Tesla’s leading position in the market. …

Elon Musk says ‘no discount’ after Tesla bags Hertz order for 1 lakh cars, market value breaches $1 Tn
3 years, 1 month ago

Elon Musk says ‘no discount’ after Tesla bags Hertz order for 1 lakh cars, market value breaches $1 Tn

Firstpost  

Hertz’s order for one lakh Teslas – one of the largest purchases of EVs in history – triggered a rally in Tesla’s stock, driving its market value over the $1 trillion mark for the first time. Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the …

Tesla becomes first $1 trillion car maker
3 years, 2 months ago

Tesla becomes first $1 trillion car maker

The Telegraph  

Tesla has become the world's first car maker worth a trillion dollars after an order for 100,000 cars from Hertz pushed its shares to a new high. The stock rose more than 11pc above $1,000 in New York, pushing Elon Musk's company over the $1 trillion mark for the first time. It means Tesla is more than 2.5 times as …

Elon Musk tells shareholders he wants to build Tesla factories on Mars in the next 40 years
3 years, 2 months ago

Elon Musk tells shareholders he wants to build Tesla factories on Mars in the next 40 years

Daily Mail  

Elon Musk has some ambitious plans to put humans on Mars and now the world's richest man said he would like to build cars on the Red Planet. During Tesla's shareholder meeting in Austin, Texas last week, Musk, 50, said that the idea of an 'off-planet factory' may not happen in the near future, but it is a possibility in …

Tesla's plans for batteries, China scrutinized as Musk drops features
3 years, 4 months ago

Tesla's plans for batteries, China scrutinized as Musk drops features

The Hindu  

Tesla Inc has weathered the pandemic and supply chain crisis better than many of its rivals,achieving record deliveries last quarter. One of the persons said Tesla will initially use batteries made at Tesla's pilot production line in California, adding that they are being tested in prototype vehicles. "We are much more bullish for Q3 than Q2," said Gerber, expecting Tesla …

Tesla to buy more than $1 bln of Australian battery minerals a year
3 years, 6 months ago

Tesla to buy more than $1 bln of Australian battery minerals a year

The Hindu  

Tesla said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country's reliable mining industry and responsible production practices. Robyn Denholm, chair of the U.S. carmaker, said on Wednesday that Australia, which is rich in minerals used for batteries like lithium and nickel, is poised to benefit as developing supply chains …

Tesla to stop accepting Bitcoin for car payments
3 years, 7 months ago

Tesla to stop accepting Bitcoin for car payments

Associated Press  

Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, citing environmental concerns. “We are concerned about rapid increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk said on Twitter. Tesla said in February that it had invested around $1.5 billion …

Elon Musk's Tesla sells 10 per cent of its Bitcoins, here is why
3 years, 7 months ago

Elon Musk's Tesla sells 10 per cent of its Bitcoins, here is why

India Today  

Elon Musk and Tesla have been among the biggest believers in cryptocurrency. However, the latter recently sold 10 per cent of its holdings in cryptocurrency, the Tesla chief has confirmed while clarifying that his personal investment remains unchanged. The tweet came after Tesla presented its first-quarter earnings report on Monday which revealed that it had sold $272 million worth of …

Volkswagen to Build At Least 6 Gigafactories in Europe by 2030, to Overtake Tesla in the Region
3 years, 9 months ago

Volkswagen to Build At Least 6 Gigafactories in Europe by 2030, to Overtake Tesla in the Region

News 18  

Volkswagen plans to build half a dozen battery cell plants in Europe and expand infrastructure for charging electric vehicles globally, accelerating efforts to overtake Tesla and speed up mass adoption of battery-powered cars. While the first two factories are already reflected in Volkswagen’s financial planning, the group is currently in “deep discussions" about how the subsequent plants fitted with financial …

Elon Musk’s Tesla building giant battery to plug into Texas grid
3 years, 9 months ago

Elon Musk’s Tesla building giant battery to plug into Texas grid

Al Jazeera  

Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an ailing electric grid that nearly collapsed last month. A Tesla subsidiary registered as Gambit Energy Storage LLC is quietly building a more than 100 megawatt energy storage project in Angleton, Texas, a town roughly 40 miles south of Houston. “The …

Elon Musk drops Tesla Model S price to $69,420 as a joke
4 years, 2 months ago

Elon Musk drops Tesla Model S price to $69,420 as a joke

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk has announced that Tesla is cutting the price of its flagship …

Elon Musk Announces Further Reduction in Tesla Model S Prices, Now Starts at $69,420
4 years, 2 months ago

Elon Musk Announces Further Reduction in Tesla Model S Prices, Now Starts at $69,420

News 18  

Elon Musk has announced further price cut of the base Tesla Model S, which will now retail for $69,420. CEO Elon Musk too on to Twitter to announce the new pricing saying that the “gauntlet has been thrown down" in response to Lucid’s announcement that its 406-mile Air sedan would be priced to compete with Tesla’s larger sedan. Not only …

Tesla’s Battery Day: Model S Plaid and a $25,000 EV
4 years, 3 months ago

Tesla’s Battery Day: Model S Plaid and a $25,000 EV

The Hindu  

Elon Musk took to the stage from the parking lot of a Tesla factory in California on Tuesday afternoon. On Tesla's Battery Day 2020, the EV maker made two major announcements: a new Plaid powertrain for the Model S and a $25,000 Tesla. Tesla Model S Plaid As part of the battery day presentation, Elon Musk showed the new version …

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