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Tesla’s ‘more affordable models’ entering production within months
- Tesla plans to put 'more affordable models' into production by mid-2025, focusing on affordability and using existing production lines.
- The new vehicles will utilize aspects of the next generation platform as well as the current platforms, allowing for efficient growth in vehicle volumes.
- The CFO confirmed plans to bring cheaper models to market soon, with production set to start in June.
- Details on the specifics of the new models, whether variants of Model Y or entirely new, remain vague.
- Reports suggest the new entry-level Tesla, speculated to be sub-US$25,000, might be produced in various locations including Mexico, Texas, India, and China.
- Tesla aims for the new models to be affordable and built on existing production lines, similar to the approach taken with the Model Y updates.
- The company has seen slowing sales globally, with Australia experiencing significant declines in Tesla registrations compared to the previous year.
- The introduction of more affordable options is considered crucial amidst changing trade policies and economic uncertainties.
- Potential pricing and specifications for the new models could be revealed online in June, aligning with Tesla's history of impromptu launches.
- The forthcoming months will be pivotal for Tesla as it faces increased competition in the electric vehicle market.
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