Elon Musk has announced the creation of a “next-generation low-cost” Tesla electric vehicle (EV). Musk is optimistic that it will be accessible in the second part of 2025.
Optimistic Elon Musk
He also emphasised his intention to implementing a “revolutionary manufacturing system” for the upcoming vehicle.
He claimed that it would be more advanced than current systems worldwide, outperforming them by a “significant margin.”
According to a recent article, the forthcoming car is believed to be a tiny crossover dubbed “Redwood.” Tesla has reportedly approached suppliers for estimates, estimating a weekly manufacturing capacity of 10,000 vehicles.
Sell up to 5 Million Units
It should be noted that Musk previously stated that they are developing two new EV models with the potential to sell up to 5 million units per year combined.
“Our current schedule shows that we will start production towards the end of 2025, sometime in the second half,” he said. Initially, “Redwood” would be manufactured in Tesla’s Austin, Texas Gigafactory, and other locations around the world later.
Musk hinted at a significant push to hasten assembly. “We’ll practically be sleeping on the queue.”
Musk stated that the company’s new production technique will be difficult to replicate due to the need to replicate the machine that produces the machine.
According to him, like with prior processes, the new manufacturing line may begin at a slower speed before experiencing a large increase in productivity.
To read our blog on “In Tesla factory, a malfunctioned robot attacked on employee,” click here
