Tesla Just Revealed Its Biggest Secret
The vice president just let slip a secret that should worry the rest of the EV world.
Tesla established and has continued to dominate the EV revolution. Thanks to this brainchild of Elon Musk, the world now has a viable alternative to gas-guzzling cars. But in recent years, it seems Tesla has started to lose its lead. Companies like VW, BMW, Mercedes, and Ford have begun offering EVs with similar driving ranges, charge speeds, performance, and pricing. Tesla has also had several significant setbacks, like the delay of their next generation 4680 battery pack, the Roadster, Cybertruck, and Semi. Not to mention how companies like CATL now offer arguably better batteries than the 4680. But in a recent press conference, Martin Viecha, Tesla’s Vice President, told Business Insider something that has shocked the EV world and will go on to cement Tesla as the ultimate king of the EV race.
Viecha happened to mention that the cost of producing a Tesla vehicle has gone down a massive 57% since 2017. But this isn’t down to cheaper batteries or even cheaper models, like the Model 3. No, this was entirely the result of increases in efficiency within their factories, which is incredible.
It just goes to show that Musk wasn’t bonkers to try and get a nearly 100% automated production…
