Tesla compact vehicle
NEXT STAGE: New in 2023?
Musk first floated the idea of a compact vehicle, priced at less than $25,000, at Tesla's Battery Day event last year. The price point would be achieved by the company's new battery technology, which aims to cut costs. Musk, on a call with Tesla employees, reportedly said the vehicle would launch in 2023. He also suggested it might not even have a steering wheel, echoing previous comments that it would be fully autonomous, although there is no indication the technology necessary for such a move would be ready (or legal) within two years.
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