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Tesla says next-gen vehicle will start production in second half of 2025
Jan
Tesla mentioned that its next-generation automobile will start manufacturing within the second half of 2025.
Tesla’s next-generation automobile is ready to assist the automaker enter a brand new pricing level that can be accessible to extra clients. It is going to be a very new automobile with new manufacturing strains and is predicted to assist Tesla proceed its development.
Tesla anticipates the next-generation automobile to enter manufacturing someday within the second half of 2025, CEO Elon Musk mentioned on the Q4 2023 and Full Year 2024 Earnings Call.
Whereas rumors of “Redwood,” a supposed codename of its next-generation automobile, have began to unfold, the main points on the automobile are comparatively slim. Tesla has lengthy mentioned the concept of introducing a Robotaxi-based automobile that will be void of human controls, however it’s not essentially clear if this next-gen automobile can be geared towards full autonomy.
As an alternative, it appears the brand new automotive is extra geared towards affordability, which is Tesla’s key to extra development shifting ahead.
Within the quick time period, Tesla is anticipating to take a ‘notable’ hit on volume growth rate. It acknowledged this in its This autumn 2023 and Full-Yr Earnings Shareholder Deck:
“Our firm is presently between two main development waves: the primary one started with the worldwide enlargement of the Mannequin 3/Y platform and the following one we consider can be initiated by the worldwide enlargement of the next-generation automobile platform. In 2024, our automobile quantity development fee could also be notably decrease than the expansion fee achieved in 2023, as our groups work on the launch of the next-generation automobile at Gigafactory Texas.”
Moreover, Tesla mentioned:
“We’re centered on bringing the next-generation platform to market as rapidly as we are able to, with the plan to start out manufacturing at Gigafactory Texas. This platform will revolutionize how autos are manufactured.”
In the long run, this can result in extra development when it comes to manufacturing and gross sales.
Musk anticipates a tricky highway forward for the manufacturing of the next-generation automobile. The CEO is not any stranger to being on the strains himself, as he frequently brings up the Model 3 ramp. It appears he expects an analogous problem with this automobile, as he mentioned workers will actually “be sleeping” on manufacturing strains when manufacturing begins.
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