3 ms·
> There has been some mention of a low cost EV, but I don't think we've seen sign of that yet. Last I heard was that it was cancelled. From that same earnings
by mavhc 2y ago
> There has been some mention of a low cost EV, but I don't think we've seen sign of that yet. Last I heard was that it was cancelled.
From that same earnings call "We are still on track to launch a more affordable model in the first half of 2025 and will continue to expand our lineup from there."
https://www.fool.com/earnings/call-transcripts/2025/01/29/tesla-tsla-q4-2024-earnings-call-transcript/#:~:text=We%20are%20still%20on%20track%20to%20launch%20a%20more%20affordable%20model%20in%20the%20first%20half%20of%202025%20and%20will%20continue%20to%20expand%20our%20lineup%20from%20there. https://www.fool.com/earnings/call-transcripts/2025/01/29/te...
- rad_gruchalski 2y agoThe domain gives it away.
- tromp 2y agoThat must be where Fool Self Driving comes from :)
- joakleaf 2y agoWe haven't seen any renders or heard any details yet, so I think first half of 2025 is either unrealistic or this will simply be a variant of an existing model. They also had to retool factories for the updated Model Y, and I assume they would have to do something similar for this vehicle. There is (rumor) article from today here where they claim the low cost (affordable) vehicle is a "stripped down" model Y (at 20% price reduction): https://www.investors.com/news/tesla-stock-affordable-ev-stripped-down-model-y/ https://www.investors.com/news/tesla-stock-affordable-ev-str...
- mavhc 2y agoUnless they've already done the changes. I'm not sure the 20% cost reduction is for a new thing, as they were talking about the difficulty of making a 20% cost reduction to all their cars just as standard practice recently