Sunni Man
Diamond Member
Elon Musk announced a few weeks ago that Tesla is working on a $25,000 EV and hope to release it some time in 2023Toyota, Hyundai, and Nissan all have EV's on the drawing board that will sell for under $30,000 and qualify for the $7500 tax credit. Tesla has nothing planned to compete in this price range which may prove to be a big mistake.
Also, Tesla is currently constructing a huge factory in Austin, TX to manufacture the long awaited Cybertruck, and will soon be installing the specialized equipment to make the carbon body panels. I saw a picture of the complicated panel forming machine and it was as big as a house.
The new Cybertrucks are expect to roll out to eager buyers by the end of 2023
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