Tesla says it will cut costs of next generation cars in half

Tesla says it will cut costs of next generation cars in half

DETROIT — Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories.

Tesla vows to halve EV production costs, Musk keeps affordable car plan under wraps

Musk said the key to driving Tesla's sales volume would be bringing prices down for consumers

Tesla says it will cut costs of next generation cars in half

Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories.

Tesla says it will cut costs of next generation cars in half

Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories.

Tesla says it will cut costs of next generation cars in half

The changes could bring the cost of a new generation of vehicles to around $25,000, although Tesla didn't show the new vehicle.

Tesla says it will halve the cost of its next generation of EVs

The changes could bring the cost of a new generation of vehicles to around $25,000.