CDA
April 17, 2023
Tesla’s cheap electric car, priced under $25,000, is getting closer: it plans to make 4 million units.
The battle between some car brands focuses on achieving a democratization in access to electric cars. One of them is Tesla which, according to some information, is preparing to manufacture 4 million units of its new vehicle, an electric car that will have a price of about 25,000 dollars (about 22,800 euros at current exchange rates),
The roadmap of the American brand of electric cars is produce 20 million vehicles a year by the end of the decade and in this strategy the arrival of the “people’s electric car” becomes vital to increase sales. And it is that it not only needs new vehicles, but also cheaper cars.
The goal is for it to cost less than 25,000 euros
Tesla’s first giga-factory in Europe is in Berlin.
For a few years now, Tesla has been announcing an electric car with a price less than $25,000but to date that wish has not come to fruition.
Now, a Chinese media outlet, which cites sources from the supply chain in the Asian country, points out that for Tesla’s next low-priced model, a annual production capacity plan of up to 4 million vehicles.
According to this information, Tesla plans to distribute that production capacity of 4 million vehicles between various factories around the worldincluding more than a million vehicles from the upcoming Gigafactory in Mexico.
Tesla’s Hidden Goal: Becoming the People’s Car
Recently, a quirky-looking prototype compact Tesla vehicle has been spotted in China, and there has been speculation that it could be this new cheaper high volume car.
Currently, Tesla has a capacity of about 2 million vehicles a year and it is difficult to reach more than 3 million units with the current range of vehicles. With the arrival of the Cybertruck, the American company could reach 5 million total units, so Tesla will soon need cheaper and larger-volume vehicles to meet its manufacturing and sales expectations.
