Musk: $35,000, 200-Mile EV? No Miracles Required
Speaking on an earnings call tonight, Tesla Motors CEO Elon Musk said he’s optimistic that the company can produce a $35,000 car with a 200-mile range in a few years. “I feel pretty good about it,” he said. It will take “a huge amount of work,” he said. “But no miracles are required.”
Such a car would be close to the average cost of a car sold in the United States, yet it would offer more than twice the range of most electric cars. Paired with Tesla’s supercharging stations—and battery swap stations it will install later this year—this could make electric cars far more practical than they are now ” (see “How Tesla Is Driving Electric Car Innovation” and “Forget Battery Swapping: Tesla Aims to Charge Electric Cars in Five Minutes”).
One challenge to mass market electric vehicles: selling half a million cars will require more batteries than the entire laptop industry, Musk says. So we’ll need more battery factories. Tesla already uses millions of battery cells a week at its factory, which produces just under 500 cars a week.
Deep Dive
Uncategorized
Capitalizing on machine learning with collaborative, structured enterprise tooling teams
Machine learning advances require an evolution of processes, tooling, and operations.
The Download: how to fight pandemics, and a top scientist turned-advisor
Plus: Humane's Ai Pin has been unveiled
The race to destroy PFAS, the forever chemicals
Scientists are showing these damaging compounds can be beat.
How scientists are being squeezed to take sides in the conflict between Israel and Palestine
Tensions over the war are flaring on social media—with real-life ramifications.
Stay connected
Get the latest updates from
MIT Technology Review
Discover special offers, top stories, upcoming events, and more.