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A $25,000 EV: “Tesla Tore Down a Honda Civic to Study How to Make Cheaper Cars”

NewsTech

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Tesla

Tesla bulls, such as Future Fund's Gary Black, have repeatedly called on the EV giant to launch a cheaper model to better compete with the likes of BYD, which has now zoomed past Tesla to become the world's largest producer of electric vehicles. This call now appears closer than ever to being answered if the latest scoop from Reuters pans out. To wit, as per a Reuters report, Tesla has informed its suppliers that it wants to begin production of an entry-level $25,000 EV, dubbed "Redwood" internally, by June 2025. The company has already sent requests for price quotes to […]

Read full article at https://wccftech.com/a-25000-ev-tesla-tore-down-a-honda-civic-to-study-how-to-make-cheaper-cars/

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