After the announcement of a promising cheap electric car Tesla worth $25,000, the company’s shares fell: investors for some reason thought that Tesla was going to reduce the price of the Model 3 to this level. In fact, Elon Musk promised a completely new affordable model rather than a budget version of the Model 3. And now the top manager has explained it once again.
In a couple of tweets Ilon Musk said that, firstly, we are really talking about a new model of electric car, which will be smaller than the Model 3 and will be the most affordable in the range. Secondly, the Berlin and Shanghai plants will produce two different models of electric cars. That is, Tesla will have two passenger cars at once – besides Cybertruck and Roadster 2.
However, it is very possible that the novelties, in fact, will be only two versions of the same electric car: on the basis of the same platform and with the same units will be created cars that differ from each other stylistically and, perhaps, the interior. According to the experience of American companies in the Chinese market, you can think that a small Chinese Tesla will be sold in the local market and in the Asian region, but the European one will be exported to the United States.