Tesla has launched its fourth-quarter outcomes for 2024, and whereas electrical automobile gross sales have declined, the corporate outlined a number of targets and guarantees for future merchandise. One important focus is on increasing its lineup with extra inexpensive fashions, aimed for manufacturing to start within the first half of 2025.
The automaker acknowledged, “Plans for brand spanking new autos, together with extra inexpensive fashions, stay on observe for the beginning of manufacturing within the first half of 2025. These autos will make the most of components of each the next-generation platform and our present platforms, produced on the identical manufacturing strains as our current lineup.” It is necessary to notice that that is distinct from the Cybercab, which Tesla anticipates will enter quantity manufacturing in 2026.
This announcement echoes statements made throughout final yr’s second-quarter earnings name, the place comparable wording was used. To date, Tesla has not supplied many detailed specifics in regards to the new mannequin or fashions it’s reportedly growing.
Nevertheless, the brand new autos may supply extra superior options than a stripped-down model of the Mannequin 3 or Mannequin Y. The investor report features a vary of applied sciences from the upcoming Cybertruck that can reportedly be included into future autos, akin to steer-by-wire, 800V structure, rear-wheel steering, and giga-casting.
Nonetheless, it appears inconceivable that each new innovation will probably be included within the anticipated funds fashions. Extra advanced applied sciences, like air suspension and the 800V electrical structure, are more likely to be excluded. Tesla believes this technique will permit it to maximise manufacturing capability and obtain a gross sales progress goal of 60%.
Regardless of an hour-long presentation and a Q&A session with buyers, little info was shared concerning the longer term budget-friendly automobile. Questions in regards to the low cost EV went unanswered through the name, and no inquiries have been raised by buyers.
For now, it appears we might want to wait and see if Tesla unveils any surprises concerning an inexpensive automobile earlier than mid-year.
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