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Elon Musk Says Tesla Is Working On a Car "Half the Cost" of a Model 3

21 Oct 2022 | Abstracted from Road&Track

"...the company is planning a new, smaller model to slot in below the Model 3 and Model Y.

"Selling a new EV for half [the price of Model 3] - just over $23,000 - would be a massive feat. Especially because we're not expecting battery prices to come down much over the next decade.

"...the company now has more unreleased products publicly disclosed than it has products on sale; the Cybertruck, Semi, Roadster, and now this baby Tesla."



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