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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. $BTC $ETH $BNB

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.

$BTC $ETH $BNB

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Ripple CEO Made a Bold Prediction for 2024. The claim that the cryptocurrency market will be 5 trillion dollars The total value of the cryptocurrency market is currently around 2.58 trillion dollars. Garlinghouse claimed that the total value would climb up to 5 trillion dollars in the rest of the year. This means that the total value of cryptocurrencies will double in the next 8 months. What factors did Garlinghouse support his claim? Ripple CEO attributed the claim that the total value will double this year to two main factors. Claiming that macroeconomic factors will continue to support the trend towards the crypto sector, Garlinghouse also thinks that new institutional investors will continue to enter the sector through ETFs. However, it is thought that Bitcoin halving will also contribute to the rise. Brad Garlinghouse said that they have been in the industry for a long time and similar trends have come and gone before. Emphasizing that there are some differences between past periods and the current period, Garlinghouse emphasized that crypto-backed ETFs have started to attract real institutional investors for the first time. This year, when the daily supply of BTC will begin to decrease with the halving, the positive effect of the increase in demand for Bitcoin through ETFs is emphasized. Looking at March data, it is seen that Bitcoin miners produced approximately 28,500 BTC, while over 66 thousand BTC were purchased through spot Bitcoin ETFs. Ripple CEO added that there is no need to be an economist to tell what will happen when demand increases while supply shrinks. As a result, Brad Garlinghouse claims that the crypto market could easily double in value given new trends. Garlinghouse is hopeful for 2024 Claiming that 2024 will be a big year earlier this year, Ripple CEO gave positive signals in XRP. The XRP community welcomed Garlinghouse's words as he said this was the first time he had made such a clear bullish claim. Ripple's recent launch of important projects has the community excited about the future of XRP. $BTC $XRP
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