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Elon Musk Will Produce 25 Thousand Euro Tesla Cars in His Factory in Germany.
#Tesla will produce 25 thousand euro electric vehicles in its factory near Berlin, the capital of Germany.
According to a source familiar with the subject, Tesla has reached a certain stage in the long-awaited 'cheap' electric vehicle production.
Thus, the company will remove the obstacle to opening its vehicles to mass markets.
The source, who spoke to Reuters but did not want to be named, did not provide information on when production would start.
Tesla Chief Executive Officer Elon Musk visited the factory in the town of Gruenheide near Berlin on Friday, after attending an artificial intelligence summit in England.
Sharing a video on the social media platform X, #Musk thanked the employees at the factory for their 'intense efforts'.
According to the same source, at the meeting, Musk informed the employees about the plan to produce the 25 thousand euro vehicle here.
However, sources speaking to Reuters in September stated that the automaker was approaching an innovation that would enable it to present almost the entire underbody of the electric vehicle in a single piece, an invention that would contribute to accelerating the production process and reducing costs.
Expanding into mass markets through inexpensive models is critical for Tesla to reach its goal of delivering 20 million vehicles by 2030.
However, weakening economies and high interest rates negatively affect the demand for electric vehicles, forcing other companies, as well as #Tesla , to cut prices to increase sales in recent months.
