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LIVE BLOG: Tesla Q1 2024 earnings call

Teslarati

Musk noted that it’s not super important in the near term, though the company estimates 4680 production will exceed the capacity of suppliers by the end of the year. The analyst asked a follow-up question about Chinese competitors, which could copy Tesla’s vehicles. The first question is about 4680 production.

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Tesla Finally Appears to Make Moves Toward Building Affordable EV Model

The Truth About Cars

The long-rumored affordable, entry-level Tesla is almost here – maybe. Tesla reportedly alerted suppliers that it would start building a mass-market compact crossover in the middle of 2025, which would become one of the most affordable electric models on sale if it becomes a reality.

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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. are grappling with wavering EV demand and rising production costs. Tesla also reportedly plans to (finally) get its affordable EV out the door in the next year or so.

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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. CEO Elon Musk has been beating the affordable EV drum for a while, telling investors in January that the car would enter production in Texas as soon as late 2025.

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LIVE BLOG: Tesla Q4 and Full Year 2022 earnings call

Teslarati

Both Gigafactory Texas and Giga Berlin were able to achieve a production of 3,000 Model Y per week. The company’s 4680 cell production line was also able to produce enough batteries to make 1,000 battery packs. Thanks so much for staying with us for this live blog. 17:03 CT – Next question is about Cybertruck’s production.

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Volkswagen Temporarily Cutting Production of European EVs

The Truth About Cars

Volkswagen intends to temporarily limit production of the SEAT Cupra Born and its very own ID.3 According to Reuters , regional demand for both models has declined as Chinese EVs have started to become commonplace in Europe. 3 technically is a Chinese-made EV. That’s not good news for the aforementioned Volkswagen products.

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Report: Tesla Ditched Next-Generation Gigacasting Plans

The Truth About Cars

Tesla had pushed toward developing a new platform for smaller, more affordable vehicles and initially thought it would cast the body in one piece. This is yet another sign that Tesla is facing increasingly fierce competition from Chinese companies and other automakers. Image: Gofra via Shutterstock] Become a TTAC insider.

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