According to Tesla, the Model 3 codenamed Highland is being redesigned by the company. . The company’s goal was to reduce the complexity of the production process and the number required components. The vehicle’s exterior can be modified and the powertrain performance may be altered. It is also possible that the project is undergoing a major renovation. . It is not yet known if the Model 3 will feature the controversial steering yoke from its more expensive sibling.
ReutersAccording to reports, Tesla’s Shanghai Gigafactory is expected to begin production of the new Model 3 in the third quarter 2023. The redesigned sedan will also be manufactured at the Fremont plant. It is unclear how much Tesla anticipates saving on the new Model 3 and whether the company will pass on the cost savings to customers. Tesla currently earns a profit of approximately $9,500 per car it produces. ReutersIt didn’t say if the update will introduce a new generation of the automaker. . Elon Musk stated that Tesla would be able to produce an electric car worth $25,000 within three years using the new battery design in 2020.
It is safe to assume that the timeline for 2023 could change, even if it is accurate. Reuters Tesla reports recently that the company isn’t great at meeting deadlines. The announcement of the new automaker was made in the beginning. Elon Musk stated, for example that volume production will start in 2021. This date was not set for the first. And then .
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