The company is also working on a simplified version of Model 3, but Ilon Musk plans to create an electric car worth $ 25,000 that has previously spoken. Tesla is now focusing on autonomous technologies, including Cybercab presented in 2024. The cheaper model Y had to take a simplified inner and smaller size to compete with brands such as Hyundai, Kia and Chevrolet up to $ 40,000.
Delay, buyers waiting for the budget option, especially in the electric car segment, may disappoint the background of competition competition.
Source: Ferra

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