The article discusses a leaked internal document from Tesla that suggests the company is planning to significantly reduce the cost of its vehicles, potentially by utilizing a new manufacturing method. This approach aligns with Elon Musk's vision for making electric vehicles more accessible to the broader market. The implications of this could greatly impact the automotive industry and Tesla's competitive position.
Tesla faced a pivotal decision in February 2024 between producing a low-budget Model 2 and investing in the ambitious Robotaxi project. Ultimately, Elon Musk chose the Robotaxi, prioritizing the potential for high returns and market dominance, despite internal dissent and significant challenges from competitors. The decision reflects Musk's vision for the future of transportation and Tesla's need to maintain a high market valuation amidst declining stock prices.