Next Big Move: Elon Musk Announces Low-Cost Electric Car

Elon Musk, CEO of Tesla, during an interview with Munro Live on YouTube about the Cybertruck, has confirmed Tesla’s new low-cost electric car.

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It also marks an important shift in their strategy, focusing on making electric vehicles more accessible to a wider audience.

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Elon Musk

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It is a level of production technology that is far in advance of any automotive plant on Earth. Tesla is highly advanced and significantly aims at reducing their EV manufacturing costs.

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He also stated that the first product will be here in the Gigafactory in Texas, thus confirming the low-cost vehicle’s production lineup.

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It would be first deployed at their Texas Gigafactory and then later expanded to their Mexico Gigafactory.

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Elon Musk, CEO of Tesla, during an interview with Munro Live on YouTube about the Cybertruck, has confirmed Tesla’s new low-cost electric car.

It also marks an important shift in their strategy, focusing on making electric vehicles more accessible to a wider audience.

Elon Musk

It is a level of production technology that is far in advance of any automotive plant on Earth. Tesla is highly advanced and significantly aims at reducing their EV manufacturing costs.

Elon Musk

He also stated that the first product will be here in the Gigafactory in Texas, thus confirming the low-cost vehicle’s production lineup.

Location of the Production line

It would be first deployed at their Texas Gigafactory and then later expanded to their Mexico Gigafactory.

Location of the Production line