We know that Tesla has been working on an affordable electric car for a while. Latest reports revealed that Elon Musk has accelerated work on the new vehicle. Musk, who wanted very fast production in the factory, said that Tesla employees could sleep in the factory.
Elon Musk talked about the new Tesla model
Tesla is preparing to launch its most affordable electric vehicle ever. CEO Elon Musk signaled that workers in the factory should be ready for an intense production process. Speaking about the company’s latest financial reports, Musk said; He gave some advice to engineers and staff.
Accordingly, in order to grow in the European and Chinese markets, the affordable car must be released soon. In fact, Musk believes that people working at the Texas Gigafactory should “live and sleep on the production line.”
Microsoft Gaming CEO Phil Spencer announced that hundreds of people will be laid off at Activision Blizzard and Xbox.
The affordable Tesla model, called the “Redwood” project within the company, is expected to enter production in late 2025. However, Musk stated that new technologies face difficulties in reaching mass production and these difficulties must be overcome for an affordable vehicle.
Previous reports showed that Tesla CEO Elon Musk went to Gigafactory Berlin in Germany and received information about the affordable model. Accordingly, Musk stated to his employees that a greater share of the low-cost electric car market should be obtained.
Musk told investors, “We will practically sleep in the factory. “Not practically, we will be like that,” he said.
The vehicle codenamed Redwood is very important for Tesla to reach its 50 percent annual growth target. This move actually came after BYD surpassed Tesla and became the world’s largest electric car manufacturer.
