• LISTEN: Elon Musk Says Making a $25,000 EV Is ‘Silly’ and ‘Pointless’

  • Oct 28 2024
  • Length: 3 mins
  • Podcast

LISTEN: Elon Musk Says Making a $25,000 EV Is ‘Silly’ and ‘Pointless’

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  • Summary

  • Way back in September 2020, Tesla CEO Elon Musk planted the idea of a “compelling” $25,000 electric vehicle. The promise came as the company worked to reduce the cost and boost the range for its EV batteries.

    That attractive price point has been a lingering idea for Tesla in the years since Musk threw out the figure during a “Battery Day” event. But this week, during the company’s third quarter earnings call, Musk called a regular $25,000 Tesla model “pointless” and “silly.”

    “Like, it'll be completely at odds with what we believe,” he told investors.

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