Elon Musk announces a small electric Tesla for 25k usd

Musk once said he would build a fully electric vehicle that would be within reach of every American.

Now we are learning that it may see the light of day in the next 3 years.

It is supposed to be a hatchback vehicle with decent parameters.

Unfortunately, the billionaire did not reveal any details about it, except for the range, which may be around 300 kilometers, and its price.

This is to be no more than $ 25,000, i.e. about PLN 95,000, and it is a city vehicle intended for the Chinese market.

Its price is to be very affordable due to new battery technologies, which will allow to increase their capacity within 3 years, without increasing weight or price. Currently, the most powerful version of the Model S uses cells with a capacity of 100 KWh, weighing approx. 700 kg.

In 3 years they are to weigh only 250 kilograms with the same capacity.

The cost of producing 1 KWh cells is expected to drop below the psychological limit of $ 100. From Battery Day, we can also learn that Tesla is working intensively to produce new 4680 battery cells. The billionaire is not satisfied with the slow development of batteries for electric vehicles.

He believes that we are at least 5 years backward in this matter.

That's why the prices of electric vehicles are so high and they can't get as popular now as most people would like. As for the new Tesla hatchback, which is slated to hit the road in 3 years' time, Musk stressed that it will be the most advanced

autonomously a vehicle in the world that will allow its users to travel around cities and entire countries in an extremely safe and comfortable way.

The billionaire is sure that his electric and fully autonomous vehicles will conquer cities and make traveling around them easier.