26 Apr '16, 3am

Musk Looks Beyond Model 3 To More-Affordable Fourth Generation Car

The Tesla Model 3 is arguably the biggest electric car news ever, but company head Elon Musk has already hinted that a cheaper EV to follow is in its future plans. Musk’s hint comes after the 12-minute mark in his discussion with Norway’s minister of transport and communications at the Future Transport Solutions conference, and this is all he had to say: I’m super excited about being able to produce a car that most people can afford. And there will be future cars that are even more affordable down the road. But with something like the Model 3, it’s designed such that roughly half of people will be able to afford the car. Then, with fourth generation and smaller cars and whatnot, we’ll ultimately be in the position where everyone will be able to afford the car. Tesla’s business plan has always spoken of a three-tier strategy from the Roadster to the S (and the platform-shar...

Full article: http://www.hybridcars.com/musk-looks-beyond-model-3-to-mo...

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