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Elon Musk mute on new cheap EV in Tesla ‘master plan’

San Francisco | Tesla will cut assembly costs by half in future generations of cars, engineers told investors on Wednesday (Thursday AEDT), but chief executive Elon Musk did not reveal when it will debut a much-awaited affordable electric vehicle.

Shares fell more than 5 per cent in after-hours trade following the company’s investor day from its Texas headquarters.

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    Original URL: https://www.afr.com/policy/energy-and-climate/musk-hints-at-next-generation-teslas-at-investor-day-20230302-p5cotv