The Strategist

Musk promises that the cheapest Tesla will cost $ 25,000 in 3 years

09/23/2020 - 03:35

The founder of Tesla and SpaceX, Elon Musk, has promised that in three years Tesla will produce self-driving cars worth $ 25,000.

Tristan Nitot
Tristan Nitot
"In three years, we are confident that we will be able to create a truly attractive car for 25 thousand dollars, which will also be completely unmanned," - quoted by the New York Post, Musk, who spoke in California at a meeting with shareholders.

The new car will be $ 12,000 cheaper than the most budget model Tesla is making now, the $ 37,990 Model 3 sedan.

The American company Tesla Motors was founded in 2003 as a developer and manufacturer of electric vehicles and related technologies. The company is headquartered in Palo Alto, California, USA. In addition to electric vehicles, the company produces batteries and electric motors using its own technology and sells it to other car companies, in particular Toyota and Daimler.