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Maybe Tesla Didn't Cancel the Affordable EV After All, Or Did It?

The Truth About Cars

Following Tesla has always been a whiplash-inducing experience. The will they, won’t they themes continue in 2024, as the automaker recently reversed its reported decision to nix affordable EV plans, though the flip appears related to less-than-stellar first-quarter performance. billion, and revenue tumbled nine percent.

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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

Long-range all-electric trucks like the Tesla Semi will not come cheap. Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. The Tesla Semi would likely qualify for these incentives. link] — @Tacuru007 (@tacuru007) July 28, 2022.

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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In addition, the United States has an under-supply of affordable EVs and cheap batteries for electric vehicles. Tesla seems to be the first company to collaborate with CATL through LRS.

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Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. The report also stated that Ford will use lithium-iron-phosphate battery cells to save money, an approach that it already uses for base Mustang Mach-Es and which Tesla takes with the cheapest Model 3.

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Xiaomi CEO admits Tesla has unique advantage over EV competitors

Teslarati

Xiaomi CEO Lei Jun said that Tesla has the unique advantage of being able to raise the prices of its electric vehicles, a move that other companies cannot pull off because they are risking “huge losses.” However, Jun said Tesla holds a distinct advantage over its competitors. Tesla to increase Model Y price in the U.S.

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Tesla reportedly trims production output at Giga Shanghai

Teslarati

Tesla is reportedly trimming production output at Gigafactory Shanghai, attempting to match manufacturing levels with demand in a strong market with plenty of worthy competitors. In early March, Tesla told employees at the plant that it would trim output by scaling back on work days, going from 6.5

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Tesla Gigacasting to make BEV production cheaper than gas by 2027

Teslarati

Battery-electric vehicles (BEVs) could become cheaper to produce than gas cars within the next few years, in part due to Tesla Gigacasting techniques, as one research firm suggests. “Today (not 2027), you can lease a Tesla Model 3 for $329/month and a Model Y for $379/month,” Patel wrote on X. .

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