Plan for a cheap Tesla is what fans hope to hear tomorrow at Investor Day
Clues offered by Musk about the Model 2 leave much to the imagination. Making a compelling $25,000"has always been our dream from the beginning of the company," he said at a presentation about batteries in 2020.
Musk said last year in a podcast about minerals, titled 'Getting Stoned', that the new master plan, building on earlier ones for vehicle launches and developing solar and energy storage businesses, is about how to"scale" and get all the materials needed to make batteries for vehicles and energy storage systems.
Although there is some sign sky-high lithium prices may be easing, Musk has said lithium costs could force Tesla to make its own supply of the electric vehicle battery metal. Musk in 2020 forecast his company in 2022 would produce 100 gigawatts of newer, lower cost batteries, enough to power about 1.3 million Tesla Model Ys, but the December production rate of the batteries, called 4680s, was enough for just over 50,000 vehicles a year.
Batteries are also likely to figure in Musk's plans for a"fully sustainable energy future" outside the car.
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