View Feed
group-icon
Coffee Room
Discuss anything here - everything that you wish to discuss with fellow engineers.
12889 Members
Join this group to post and comment.

Can Tesla Could Build $25,000 EV in Three Years as claimed by Musk?

In a new video interview posted on YouTube late last week, Tesla, Inc. CEO Elon Musk says that a $25,000 electric car similar to the Model 3 is a distinct possibility, given the proper technology and scale.

https://www.designnews.com/electronics-test/musk-says-tesla-could-build-25000-ev-three-years/40272464959296?ADTRK=UBM&elq_mid=5358&elq_cid=1069623

https://www.youtube.com/watch?v=MevKTPN4ozw

Kaustubh Katdare
Kaustubh Katdare • Aug 24, 2018

Tesla's problem is not the technology. Because I'm sure the talented engineers they have; producing a cheaper EV is not the main question. 

Tesla's major problem is finance; and the uncontrollable cash burn. The other day, I was reading an article that said Tesla is likely to run out of cash by the end of this year; unless they magically ramp up the production of ths S3. 

Only if they survive and raise more cash - they'll have the runway to keep producing more cars. They've already promised the EV trucks and super sports car - and promised to deliver it in the next 2 years. 

Let's see where it goes. 

I agree. I too saw a similar analysis from somewhere else.

Share this content on your social channels -