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LIVE BLOG: Tesla Q1 2024 earnings call

Teslarati

” 17:00 CDT – A question is asked about Tesla’s affordable car. Musk noted that Optimus is able to perform simple tasks, and Tesla will attempt to do an initial production for Optimus for internal use this year. He notes that the launch of Tesla’s new models is being expedited, which includes a more affordable car.

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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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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. Tesla also reportedly plans to (finally) get its affordable EV out the door in the next year or so. All automakers in the U.S.

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LIVE BLOG: Tesla Q4 and Full Year 2022 earnings call

Teslarati

Thanks so much for staying with us for this live blog. Ultimately, internal production potential is closer to 2 million vehicles than 1.8 16:48 CT – Kirkhorn states that Tesla will get a different amount of credits, and that the company wants to use incentives to push affordability. Until the next time! Credit: Tesla Inc.

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VW Group Admits Developing Affordable EVs Will Be Difficult

The Truth About Cars

Even with affordable electric vehicles cropping up on the global market, their budgetary nature is relative. While the industry promises that EVs will offer the world an affordable, mechanically simple and green alternative to traditional internal combustion models, they’ve yet to deliver.

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Ford Slashed the Mach-E's Price Tag and Saw an Immediate Uptick in Sales

The Truth About Cars

Ford aims to address the problem with its internal skunkworks team’s project to develop a more affordable EV, but there’s no word on when the effort will deliver a new vehicle. EV cost will remain a hurdle until automakers can crack the profitability nut that has so far eluded all of them.

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Watershed Moment – The BYD Qin Plus Honor Edition – $15k

My Electric Car

A direct challenge to ICE vehicles and the Tesla Model 2 BYD’s unveiling of the Qin Plus EV Honor Edition marks a significant milestone in the electric vehicle (EV) industry, especially in the affordable vehicle segment. Market Positioning : Tesla’s brand is synonymous with luxury and high performance.

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