Tesla plans to launch more affordable EVs in 2025, starting with a fully autonomous Cybercab.

Tesla plans to launch more affordable electric vehicle models in early 2025, focusing on cost competitiveness. CEO Elon Musk confirmed the company will not produce a $25,000 vehicle without advanced autonomy. Instead, the Cybercab, designed for robotaxi services, will be their first fully autonomous mass-produced model. Tesla aims to maximize current production capacity before expanding manufacturing lines, while investor interest in low-cost EV details remains high.

October 23, 2024
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