New Tesla model: Experts expect revolutionary electric car

taketonews

• Tesla is working on updating an existing model
• Tesla relies on new production processes
• Electric cars could soon become significantly cheaper

Prototypes of new Tesla model spotted

According to experts and media reports, Tesla is working on launching a new model. For example, the Reuters news agency reported in November 2022, citing internal information, that Tesla was developing a new electric car. The prototypes of the vehicle are now being tested under real conditions on public roads, such as “The Kilowatts” reports on Twitter.

Further development of the Model 3

The new vehicle is said to be a further development of the Model 3, according to the Reuters news agency. The Tesla Model 3 is now five years old and was the first Tesla model to be manufactured and sold in large volumes. The vehicle is now to receive an update and will run with a new design under the code name “Highland”. According to Reuters, simplifying production is a key concern for Tesla in manufacturing the new model. Accordingly, a cost-effective die-casting process should be used more frequently in production.

New production techniques could revolutionize the automotive industry

The new Model 3 Highland will initially be manufactured in Texas, as reported by Nau.ch. Production will later be expanded to the Shanghai and Berlin locations. If the rumors about a simplification of the production processes are true, this would give Tesla the opportunity to offer its own vehicles at a significantly lower price and to become more competitive. In the event of a significant reduction in production costs, Tesla could make electric cars accessible to the masses and change the automotive industry forever, reports Markets Insider, citing Adam Jones, an analyst at Morgan Stanley.

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