Elon Musk will reveal how to cut the cost of
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Elon Musk will reveal how to cut the cost of Tesla electric vehicles by half on March 1st

Tesla CEO Elon Musk publishes the company’s strategic plans at different intervals, which outline the main goals of business development for the next few years. He published two previous plans in 2006 and 2016, and on March 1st this year he will share the third, which will involve the creation of an electric vehicle platform with a cost price reduced by half compared to current levels.

    Image source: Tesla

Image source: Tesla

Posted on Elon Musk’s page Twitter It’s understood that Tesla has an investor event scheduled for March 1 in Texas, where the company not only has an electric vehicle facility, but also a new headquarters. As a background for the accompanying image, the authors of the publication chose an improvised wall made of body parts from electric vehicles of this brand, which clearly hints at the upcoming story about the scaling of their publication. Keep in mind that Tesla has a goal of increasing the production volume of cars by a factor of one and a half each year to produce at least 1.8 million electric vehicles and by the end of the decade bring the annual circulation to 20 million copies.

It is expected that at the March event, Tesla management will not only talk about the use of new technological approaches in the assembly of electric vehicles and the production of individual components, but also about the third-generation platform, which will be in Future will enable mass production of $25,000+ electric vehicles. The harsh reality, of course, makes adjustments to the economics of such plans, as the Tesla Model 3 was originally supposed to cost $35,000 and is now priced at a minimum of $43,490 Own costs, Tesla hopes to cover production costs, according to the new strategic plan of electric vehicles by half compared to the current level.

Along the way, Elon Musk will be attending an event for investors to discuss a program to transition the global energy system to all-renewable energy sources. Other unrealized items from previous strategic plans include transitioning Tesla electric vehicles to full autopilot and expanding the model lineup to cover all major market segments.

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