Tesla’s new CHEAP models will be modified versions of Model 3 and Model Y

Tesla’s new CHEAP models will be modified versions of Model 3 and Model Y
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#tesla #model3 #modely #cheap #evnews
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[@jkim6181]

Ill be sixty next year. 180-200 mile range 0-60 in 8 seconds 25k after rebate??? I’ll take it any day.

[@speedismyfriend]

This is exactly what is coming

[@HectorGarcia-nb2ld]

Tre 30k

[@erichahn9895]

A Chevy Bolt has way better specs than that. 0-60 in 6.7 seconds and 260 miles range. You could have gotten one of those for $20,000 after tax credit.

[@PETERJOHN101]

​@@erichahn9895 I test drove one and hated it.

[@dean8087]

I'll be happy with that too!

[@JoeyBlogs007]

This makes sense, as I previously alluded to in another vlog. Not everyone wants or needs to do 0 to 62 in 3.3 seconds or have 340 odd miles range, when they have ready access to home and super charging for the vast majority of their EV travel.

[@apterachallenge]

They don't even need to sacrifice range that much. A less powerful electric motor and a slightly smaller battery pack will mean less weight and less energy consumption, so the range won't really drop much.

[@trizedlyza]

That LR "330mi" range on the highway is more realistically 200mi! (We learned after our first big trip and verified with several forums.)

[@richmeyer2064]

Just over a hundred years ago Henry Ford kept reducing the price of the Model T year after year through production improvements. The Model T was produced for almost 20 years. You are correct about the possibility of battery costs continuing to drop enough that a Model 3 or Y might be several thousand dollars less expensive. Capitol cost savings by using what is already paid for can also reduce prices. And those robots might never join the United Auto Workers Union.

[@andr544]

"Less camera system" - no, as Elon said Tesla is going full FSD on all their vehicles so any future vehicle will have everything to enable FSD. By this logic less camera systems is not possible since FSD is trained for certain camera setup that Tesla has on its vehicles. They will make cars cheaper by making them smaller in size, smaller and cheaper batteries and they will use new manufacturing technologies that they learned while developing next gen car and its manufacturing process.

[@speedismyfriend]

They will make them cheaper by making them lower performance, so you can put a much less powerful motor in and cheaper power electronic using a hybrid Si/SIC inverter. While I tend to agree on your view about the cameras, if all cars are going full FSD why launch a robotaxi at all. My view is that no current Tesal will ever run as a robotaxi even if Tesla gets the current setup to L4 because it makes no financial sense for a business to let its clients make money off it.

[@callmebigpapa]

One of the goals is to sells FSD subscriptions so I agree 100% cameras will be standard on all vehicles going forward. Plus cameras are super cheap.

[@finned958]

@@speedismyfriend What no business? Tesla proposes to let owners use their Teslas as Robotaxis on their spare time using Tesla’s app. If a business wants to own Teslas in a 100% robotaxi fleet, it would still use the Tesla app. The owners get all profits.

[@robertwhite3503]

​@@finned958There's plenty of savings in a robotaxi for both Tesla and consumers to benefit.

[@RandyP-jr1ek]

@@finned958 I doubt the owners will get all the profit. Since Tesla owns and controls the software they would likely take a 10% cut - profit sharing, percentage cut, whatever you want to call it - but they are not going to allow free use of the robotaxi app. as that would not make any business sense.

[@Popdog76]

This pretty much what was stated in the investor call? Combine new and old technology to produce more affordable models.

[@sparkysho-ze7nm]

Tesla gonna make th best selling car in 3 continents better WHO DOES THAT??)

[@davis.fourohfour]

Reuters said the compact was dead just LAST WEEK.

[@2funny269]

its not a compact...its a recycled existing model

[@brendankenny1332]

Who cares what Reuters says - just more adv for Tesla.

[@mark-ge8dr]

Reuters should verify its story and publish the facts instead of making stuff up to promote itself

[@2funny269]

@@mark-ge8dr Reuters is a 170+ year old news organization. if the story was fake, elon would have Sued them...the report affected the stock price...they have the sources

[@rozonoemi9374]

Reuters are liars.

[@worldtrav72]

My RWD M3 with LFP battery is a great daily driver. The stereo system is still very good. If they put in a smaller LFP battery pack that is fast charging and more cold tolerant with a range of 225 miles, rain or shine for $30k & tax break eligible, they should sell a bunch. Same for MY @ $35k.

[@citris1]

I don't want full self driving, or a fancy stereo system, just give me a basic electric car without all the bells and whistles.

[@toriwatson9655]

I would love a barebones Tesla. All I want is aircon and a radio. I have no interest in lane control and all the other crap.

[@larryc1616]

That's like saying you want a barebones IPhone. You get all or nothing. Tesla is not Pontiac

[@toriwatson9655]

@@larryc1616 I agree, that's just what I'd like, and I don't think I'm the only one who wants less. That's why I'm looking more at BYD or MG.

[@dikkybee4003]

If they removed all the unwanted items then they would make it cheap enough without making another car. Elon isn't that smart after all.

[@jkim6181]

But I do want the option to subscribe FSD

[@peteramey9385]

There will never ever be a bare bones Tesla, all will have the full camera suite and FSD capability plus all the safety features as standard.

[@ajjuneja]

I could totally see a price drop of about $3K if they do the new gen CATL battery and reduce the size of it. Pretty easy engineering exercise, easy to integrate into their assembly lines, and then they will be able to offer a Model 3 under $30K after tax rebate.

[@freddybell8328]

It won't get the tax rebate if it has a CATL battery. They could go with a smaller Panasonic battery. Price per cell would be higher but it would be lighter because of the higher energy density which would mean less cells. It would also qualify for the $7,500 tax credit.

[@robertt1336]

A lighter battery pack might also allow tires to be lighter, more narrow & efficient as well 🤔

[@parthppopat]

1st pic of a small red tesla hatch looks like a good competitor for a Kia Niro or a Tata Nexon.

[@PierreDybman]

10% is not a game changer, and will be just a momentary trick, which will evaporate when many Chinese and European cars come out around the 25K€ price. There is the need for a smaller series 3 with a hatchback.

[@sahar_services]

Its seems people don't understand what a car platform is. ID3. ID4, ID5, ID6 and ID7 use the same platform. Are this cars the same. Tesla will use Model 3 and Model Y existing platform to make the Model 2 Hachback and the Model 2 Cross.

[@gineves3321]

Don‘t think so. Tesla is cheap, because they don‘t built many variations of a car. If they start investing in a hatchback, they loose this advantage

[@boenill]

Hope you are right! If Tesla does not renew its portfolio in the near future, I am afraid they will quickly lose customers. Tesla will probably not be able to maintain the technological lead for long, (AI will probably reduce it quickly!?) so new models and designs will probably become more important for them in the future!?😳😉

[@speedismyfriend]

@@gineves3321 No, Tesla is cheap because they design the car to be cheap by removing anything where the cost savings outweigh the potential warranty claims. That is why they don't adhere to industry standards for semiconductors or for waterproofing, which is why you get leaks, and they cut the number of fasteners, which is why you get rattles. Having multiple variants means you can fill production lines more efficiently, which is why VW can shift cars around to fill lines but Tesal is stuck with Austin and Berlin at 40% of the design capacity

[@docsnider8926]

To use Teslas Model 3 as platform, it has to be contructed from the start as platform model. That is what Volkswages does since the 90´. Several diameters are fixed, to use the same parts. Not shure, this is possible with Teslas.

[@simonreeves2017]

Hi Sam, greetings from the U.K. Certainly here in Europe we need an offering from Tesla that is a smaller hatchback/crossover. At present there is a large market that Tesla cannot tap into with the 3 and Y. It’s not just cost (obviously that helps!) but what fits the customers needs.

[@Carnutzjoe]

This is old news. Back in 2019 in a presentation in Shanghai they showed pictures of a proposed ‘2’ that was a spinoff of the 3. The Chinese engineers supposedly had it just months from being production ready back then.

[@greghudson9717]

Everyone seems to have forgotten this, even Sam, and he reported on it.

[@freddybell8328]

I don't remember it being close to production. The picture of the vehicle too should have a drastically different vehicle just with a model 3 front end.

[@Steve27046]

Two seater might do it

[@yscol1313]

With the model 3 refresh, in addition to model y refresh coming soon, slotting another segment slightly below where the 3/y started makes sense

[@paulb1951]

People want a small family sized hatch or SUV, they don’t make it they’ll lose a lot of customers if they don’t get in early for them.

[@rp-wb6xn]

Model y is a small suv

[@paulb1951]

@@rp-wb6xn sure 😂

[@nickv8816]

By “people” do you mean you? 😂 they already have the Y that is the best selling car in the world. They are not going to lose any customers by making a cheaper car

[@paulb1951]

@@nickv8816 no I mean by the numerous surveys and actual research that’s gone on. Why do you think a $25k car is the pursuit of numerous manufacturers? A model Y isn’t a small car, a Corolla/ Mazda 3 size vehicle is, that’s what will be flooding the market next year. Skoda Epiq, Kia EV2 etc etc etc and hopefully a model 2.

[@nickv8816]

@@paulb1951 they already have a small car, the model 3. It’s not the size of the car it’s the price point that matters.

[@mauricemcmahon536]

That would be such a horrible idea. New body on old skateboard would be great, something like a VW Golf hatch

[@ouethojlkjn]

Why not just slightly re-engineer the Model 3 to be a hatch back? They would fly off the shelves.

[@eternalbalance7703]

​@@ouethojlkjnAgreed!

[@eternalbalance7703]

Smaller, & cheaper battery shortens the wheelbase, while using current casings. Create a coupe's side frame, laminate roof, & colored sealed hemp panels. And just call it a model 4(twnty), or ... the Tesla rasta. 🤣😂😁As long as it has their safety software, it would do well.

[@virtual-viking]

That is not going to cut the price/cost. It is a mystery why the Model 3 got that annoying sedan tailgate in the first place, when all of Tesla's other models have the much more practical hatchback. In order to cut cost, it needs smaller battery, smaller motor, basic audio and less configuration. Think only one option for paint, interior and rims. Also, cut the rear screen and the glass roof, and I think they could get to $25.000 with tax credit.

[@ouethojlkjn]

@@virtual-viking All I ever uncovered was that part of the world (particularly USA and China) like saloons / sedans and not hatches. Hence the focus originally was to sell to these markets. I also heard that the reason was they wanted a long unbroken glass roofline. I agree that with some tuning and omissions, they could achieve a $25k car. Here's hoping.

[@PJWey]

I suspect the most efficient approach will be used with some elements of the Cybertruck while mostly M3 highland production methods. Time will tell.

[@finned958]

A Model 3 that qualifies for full Federal incentives will make it $7500 cheaper. The glass roof is expensive. Change to metal roof. Change to hatchback instead of standard trunk. Offer a special paint color for cheaper Model 3.

[@richb2229]

It’s not going to be a stripped down model 3. It’s going to incorporate some elements of the unboxed design to reduce cost while maintaining fit finish and some nicer features.

[@RawandCookedVegan]

Good info Sam, Thanks!

[@charlesmoss8119]

My brothers looking for a new EV - he doesn’t go far and doesn’t need performance - the model 3 would be ideal but he looks at MG - so a shorter range M3 would be ideal as an alternative

[@nicholasglade4572]

Wow, so no new small cars, same old dated look? These models are already 4 to 5 years old. Have you seen all the new ev models that are coming out? They look great. I worry that Tesla is not going to have the fantastic growth in the next couple years the many people forecast.

[@frankcoffey]

Tesla needs to make a two door hatchback Model 3. Not just for price point but to offer a type of car they don't have now.

[@rodmitchell831]

Thanks so much Sam

[@nurbsenvi]

They can strip out Rear screen Sound system Limit 60kwh battery pack to 50kwh by software Discount by 15k initially

[@dannyrie1]

Don't cut the range, just use a weaker motor, people don't need to do 0-60 in 3 sec, and use the cheaper/better chinese battery mentioned in the video. Remove autonomous driving specific hardware (there likely won't be true autonomous driving in our lifetime anyway) so that you have a similar cruise control / safety system to most other manufacturers, Smaller screen, basic stereo system, remove sentry cameras/hardware, remove some of the less popular motorized components like air vents, glove box lock and replace with normal manual ones. Non-retracting door handles will create a good exterior differentiator so the high model owners can still feel baller. Cut price by 25%.

[@Ahda108]

They probably don't have weaker Motors at the moment..all TESLA motors are standard n only modified by Software unless it s a new model that uses a weaker Motor and costs less to make to power the model 2

[@PocoToro]

Cheaper, better Chinese battery, wow, don't you know China doesn't have quality control 🙄 They don't have quality to control 😅

[@dannyrie1]

@@PocoToro Depends on the company and product and price points. China is known for making very cheap things, but dollar for dollar they're always the best (and by that I mean they'd make a better $5 wrench than anyone, a better $10 wrench, a better $20 wrench..) What people tend to do is compare a $50 made in US wrench to a $5 made in China wrench, which obviously is not a valid comparison. A $5 wrench from germany for example would probably fall apart as you unpackaged it because in order to get that price point, it would be made out of cardboard whereas a $5 wrench from China, while not as durable for a professional who gives it hard use every day, is perfectly usable for occasional home use. For the more expensive items from China, they're expensive because better materials, better QC. So if you get something from China that's above the budget range in price for it's product type you'll typically get something quite good, especially if the company has been around. If you ever see a chinese product that costs around the same as a US product (and there are many items like this), and that product has lots of sales, you know it blows the US product clean out the water. It's not as black and white as Chinese stuff is junk, there are reputable products from there.

[@stephenv7706]

Not sure it will greatly increase the sales of model 3/Y in Europe/U.K. the largest sales volumes are in the B/C segment fiesta Corsa Focus etc small hatchbacks, I personally would love to buy a Tesla but even a model 3 is way to large and inconvenient for me I’d have considered a Hyundai Kona or Kia but they dropped the ball for me with slow charging speeds on the newest models which put me off and it’s looking like by the time Tesla produce a small car we will be flooded with Chinese models so an even harder sell for Tesla then.

[@peteregan3862]

800V and 48V systems will cut some costs, as would less power, less noise insulation. 10% cost saving is realistic but it does not shift the needle. Only new designs can do that.

[@Bora_H]

FSD Hardware total cost approx $1000. I predict no changes. FSD subscription revenue worth $$$ to Tesla. I think your guess about a smaller battery may be right. Changing as little as possible is the cheapest way for Tesla to build a 'new' model.

[@greghudson9717]

Only 11% of Tesla sales in the USA have FSD. They have to make it a LOT cheaper, not keep increasing the price IMO.

[@tryonco]

We own a Model Y Dual Motor… I just leased a new Model 3+, base version, on a $299/month lease that Tesla is offering. I drove both the standard and dual motor versions before leasing it, and the standard version is truly 95% of the dual motor version, but 75% of the price. I love this car… its not “cheaper”, just different… my brother, who drives a Porsche Cayman S, drove it yesterday… hard… and said.. “I love it… I want one!”

[@markmiller8903]

You sure fucked up buying a Tesla

[@RandyP-jr1ek]

@@markmiller8903 Like all the other millions of Tesla owners I suppose. You sure seem to a minority……or maybe just Jealous? What do you drive?

[@kyliefan7]

IF ALL they do is de-content a 3 or Y this is a bad idea in my opinion! You know THAT THERE ARE people who think these cars are TOO BIG! I THINK if they make them a shorter wheel base version that is smaller like the Bolt EV then I’m IN!!!

[@dtibor5903]

I would like a model Y without self driving features, no standalone cellular connectivity, just wifi, only 3-4 cameras for sentry mode, standard seats not leather ones, modest power at about 150 HP, same big battery. I need it for commuting, traveling and occasional camping.

[@stevencole7331]

This makes a lot of sense . Take the platform you have and make it simpler . Most car manufacturers have base models . I have 2 that are 20 years old . Got manual role up windows . I bought a Toyota pickup in 1993 new at the dealer with no radio , antenna and air conditioner . It's the only way I could afford a new car .

[@abebegirmay3327]

I think first Tesla should produce rear wheel long range similar to the new Model Y rear wheel long range.

[@PocoToro]

I want a hiway legal golf cart, including the bag rack.

[@bobmeining4028]

Love your videos. Could you comment on security. My son in law has a concern that could, using over the air updates, take over you cars function, cause accident or have it not start. I am not knowledgeable about this to answer him. Any thoughts?? Thanks

[@greghudson9717]

Tesla has a hackers convention every year. Anyone that can get into the car and actually make it run gets a brand new FREE Tesla. Is that good enough for your son ? (Google it to confirm)

[@marks-0-0]

I don't own a Tesla but love what they stand for and i like Elon for his hard work and vision. They need to hurry up and get their compact car out as its what the majority of the world wants.

[@mistryfamly]

Another reason is FSD will work. Not require redesign. Does not work on cyber truck

[@glike2]

Normal not low profile wheels made of steel with covers would be cheaper at purchase and for maintenance. Better write comfort and handling and efficiency also would improve the range a little to compensate for smaller battery. Low profile wheels are dumb and they never use them in F1 racing, only recently begrudgingly reducing the profile sacrificing a lot of performance.

[@rogerfroud300]

That makes some sense, except that both are on the big side, at least for European Customers. Something 90% the size of each would be a better fit.

[@outby50]

What Reuters is saying is exactly what I read between the lines of the earnings call statements last week. People wanted to read that as "see, the 'model 2' is still in the plan" but that's not how I read it. They talked explicitly about upcoming lower cost models not having the manufacturing improvements and leveraging existing platforms more in order to, among other things, reduce capital expenditures. The "model 2" as we have come to expect it (new platform, Texas, then Mexico, unboxed assembly, etc) is way out in the TBD future. Once again, Elon's mouth has promised more than Tesla's reality permits. Oh, and look at all the "construction" videos from Giga Mexico.

[@philiptaylor7902]

It's not just about price. As others have pointed out the Model 3 & Model Y are large cars by European standards, and smaller hatchbacks are still very popular (Golf size and smaller). Tesla are cutting themselves off from a large portion of the market if they just produce a stripped down Model 3/Y. Then again, how much credence to give to Reuters.

[@GolLeeMe]

Does anyone know when the 3 and Y will be replaced for new models?

[@detansinn9882]

They’re already incredibly basic compared to other automakers. It’s hard to imagine Tesla going cheaper on things like the interior.

[@simoncove1]

Model 3 hatch with retractable sun visor to keep heat in and out as required and stalks….. sounds great

[@BMA967]

Don't know about this routers news/rumour. Seems counter to the Tesla ethos of simplicity, including - especially - manufacturing processes and the assembly floor in the factory. If it was a different platform such as a small hatch (?) at least there is benefit from the incurred increase in complexity in opening new market segments and having more scope to cheapen the product so to speak. Actually I'm talking myself into thinking maybe they should drop the idea of a model 2. Leave that market segments to the Chinese competitors.

[@eddiegardner8232]

Take the existing 3 and Y bodywork (not Highland or Juniper), put in a cheap interior, standard noisy tires, single induction motor, LFP or Sodium batteries, no Sentry cameras, standard wipers, mechanical glovebox, metal roof, cheap wheels, solid paint colors, cheap stereo, no FSD, basic cruise control, cheap carpet or rubber floor mats, plastic steering wheel etc etc. Make it the kind of Plain Jane car that Chevrolet used to sell, then try to upsell them in the showroom if you can, like the Big Three used to do. If that won't do it, then sell them a used Tesla.

[@user-hk2oh9kh6k]

A smaller range would not be welcome.

[@halitosis75]

Tesla needs prices under 40k

[@ouethojlkjn]

Already have that, at least in the UK.

[@jakecease]

Personally I wish it would be 5k-10k cheaper and eliminate all of the camera suite and zero self driving ability. Then they could run a way lower spec/cheaper computer. I want a dumb efficient reliable car that’s cheap to operate. I don’t want route planning or even cellular connection. Just a drive train and seats

[@malcolmrickarby2313]

I think that you have described the competition. But only if you live in China 🇨🇳 😊. Maybe in Europe?

[@SlackJones1]

I knew it! The model 2 has been put on the back burner at best. I KNEW that musk’s talk about accelerated work on a cheaper model had nothing to do with the model 2. There was really nothing good to report on the latest earnings call, so musk had to spin and over exaggerate and outright lie in order to keep the stock price from falling, and it worked. Don’t get me wrong, I think the future for Tesla will be bright, just not so much in the next 2 or 3 years. There will be no unattended fsd and therefore no robo-taxis, no model 2, no big model changes, and no big sales of his humanoid robots Nothing really big coming from Tesla in the next 2 years.

[@greghudson9717]

Unfortunately, I agree with you. 😞 (I'm a TSLA shareholder)

[@przemekbembnista8678]

Highline, as it's name should indicate, is not the basic version of VW Golf/Passat/Tiguan. It was used for a quite well equipped trim compared to Trendline (cheapest) and Comfortline (mid trim). Now they use different names for brand new cars.

[@Jonathantuba]

150 mile real world range would be enough for most people use, so Tesla could put in smaller battery, maybe less powerful motor and no frills interior and get model 3 price down to 29,995

[@johndavid9418]

Build a Tesla model with no comfort or FSD tech, just Electric motors Regenerative braking & SBW. I'd be very happy with a electric motor in my 1998 Holden Commodore VT SS, I love driving. My next car will definitely be a Tesla S, but I will control it myself unless it becomes necessary to use FSD by law.

[@greghudson9717]

Hey Sam, you seem to have forgotten that last time Reuters came out with some 'news', Elon piped up and said they were lying. My bet is this will happen again. There is also the chinese design team hired to create the Model 2, and the new factory that's been built in china (Shanghai) specifically for this new car, right next to the existing factory. IMO it won't be Texas, Berlin, Fremont, Mexico or the moon/mars where it will be built, it will be china.

[@ISuperTed]

Why is this news? Tesla clearly said ‘on existing production lines’. That almost certainly means variations on existing cars. A new compact car will need a new production line. Reuters still have their agenda and will keep pushing their bias on this whatever.

[@Lucky73678]

Need something like a golf cool looking with 250miles. Should look like a mini porsche.

[@doctorhfuhruhurr4380]

They should copy Fisker for some new ideas and better style, better software, better everything.

[@jamesr.9239]

Making less capable versions of existing cars would seem to make sense but I fear that too many features that make a Tesla a Tesla will be jettisoned and the brand diminished. However , a lower cost car is what is needed to spur more growth and adoption of EV's and if they can make and sell a sub 30K USD car that will really be great. Also , accelerate the growth of the charging network tremendously at the same time and we will see the EV revolution won.

[@ScottOstr]

They could move the M3 & Y to using the new manufacturing process which they need to do anyway. Then use the same "last line" for 2, 3, & Y. They could take the M3 manufacturing price down to $20k. Then sell it for $30k+.

[@brandstof6601]

Three door , less electronic crap and bloat ware , shorter rear ..rear drive ...perfect 😉 new golf mark 1

[@stephenparker5272]

No. The new CATL battery is 40% cheaper, thats where the saving will be.

[@kamilgoebiowski1706]

Cheaper vehicle requires a simplified production process, the unboxed process as Tesla calls it. It cannot be therefore the current M3 or MY. It could be a heavily modified car of the same size, but none of the current models.

[@b4804514]

Missing the point.... the new manufacturing "Unboxed" production is the key to the smaller Tesla. It could have all the tech and be so much cheaper to produce. Tesla makes money from the tech in the car so that is not going away.

[@mrmawson2438]

I believe it's going to be called the Redwood

[@hendrikbarboritsch7003]

Tesla could offer just one side mirror like Mercedes used to do, and charge extra for a second one lol Seriously, Tesla for the city with only 200km range and a small battery could be very cheap IMO

[@marcg123]

I get more than double that range with my MG4

[@howardj602]

In other news Vovlo will be selling cars made in China in the U.S. in the fall for $35,000. In addition their sales of Class 8s are expected to be up this year adding to the 4300 already in operation around the world. They have also announced an expansion to their line of EV Construction vehicles of Excavators, and wheeled front loaders to 8 models. This is in addition to their already available fully autonomous mining equipment, and other heavy equipment.

[@PTL4179]

Making a cheaper version 3/Y but not a new inexpensive model, I.e. M2 is a risky business strategy. Will it be named short range version to go with the standard and long range trims 😂

[@TomTom-cm2oq]

Battery prices went down by 50% over the last 12 months??? somebody please check that

[@williamsloggy5144]

It was reported before that the cheap model 2 will be just relabeled older model 3's

[@larryevans6739]

Battery prices are dropping significantly globally. However, US battery prices are not dropping as fast due to a protectionist market and most LFP batteries comiing from Chinese companies. If they were to use Chinese batteries, that would eliminate $45/kWh in battery production tax credit and the $7500 purchase tax credit. In other words, on a 55 kWh battery, the restricted subsidies available total~$10k, more than the price of an equivalent battery overseas.

[@larryevans6739]

Also of note: A smaller battery would reduce their range and receive less in ZEV regulatory credits. In total, subsidies make up much of the battery cost in the US and a smaller battery would not be as much in savings once you include the subsidies.

[@crm114.]

I don’t think it’s all about price. I also think some people were waiting for a car smaller than the current models which seems unlikey to happen for a while.

[@aware2action]

Battery cannot be smaller than that of a SR+. Need to reduce weight somehow. Cost of materials could be lowered, with lower grade. Glass can be non-laminated with tint and could be lower quality. Need to cut down on redundant components, steering drive unit, redundant fsd cpu, low cost audio system. More non physical touch controls. No fulltime sentry, will degrade battery. Need a low powered sentry mode(with cheaper cameras as well). Could use a mix of steel in place of aluminum. Simplify and reduce wiring length, weight, wireloom complexity and window regulators(may be perfect seal windows are not needed, with little loss on drag coefficient). Definitely use a low cost small size drive unit, that is maxed out with normal acceleration. Need to use an optimus for assembly as well, as to reduce human assembly time. Could get rid of sophisticated softfuse and expensive silicon carbide electronics, with further reduction in parts count of active microcontrollers. Just some 💭

[@greghudson9717]

The mixed use of steel and aluminium is already happening. e.g. I went to use a magnetic mount for my GoPro on the front of my Model Y, and the only place I could mount it was on the front fenders. All the rest was either aluminium or plastic.

[@todddowney45]

WE DON'T NEED A CAR WITH THE DOOR HANDELS POPPING OUT AS YOU APPROACH OR A 15 SPEAKER AUDIO . YOU GET IT . MOST WOULD LIKE A DECENT RANGE EV WITHOUT ALL THE BELLS AND WHISTLES WHICH COST MONEY TO ADD TO THE PRICE OF THE CAR . A BASIC EV WITH RANGE .

[@scottpletcher7446]

Range anxiety is why many avoid EVs

[@colinbouckaert3450]

They could remove the stalks. Oh, wait...

[@mrmawson2438]

Morning mate

[@marcusk7855]

No need for the cameras and computer system if you don't want full self driving.

[@Kerrsartisticgifts]

I'm retired and 100 mile range would be great for all my normal needs. If I had to drive further a couple of times a year, I could rent a car for the day.

[@sunnysider6350]

Right. They can halve the battery weight alone with 100 miles range car and save 60 % of the cost of present battery.

[@greghudson9717]

You can buy that car already, it's called a Nissan Leaf.

[@northernouthouse]

Yep. Stripped down 3 & y. Most practical solution. No 2. Soak up the mainstream market.

[@thomasedmonds6028]

Tesla needs to buy out Aptera, and produce it!

[@perlaursen1885]

The two biggest hurdles that holds most carbuyers back in EU, are 1. the price. Entry price for M3SR in say Denmark is still 59K$. No intensives - only heavy taxes. 2. Most parking spaces and roads in Europe are very very narrow, and most people wouldnt buy a M3 or MS, because its not very pratical to use in the cities, because of the large size. Of course Tesla knows its important to reduce the size of M3 say 10%, keeping the sporty look and aerodynamics. Also lowering the price, would be the perfect match. That would also prevent too much osborning effect, if the M2 is not of the same size as M3. Reduction in range or size of the screen, tech facilities, ota or any other features that makes Teslas appealing, would be suicide, as these are the main rasons for Teslas popularity in Europe. I guess Chinees would think the same way. Anyone that have driven in say the english country side, fully understands, but in USA and down under they dont seem to take that fact into consideration.

[@zAngus]

I’m looking to buy an EV or a Hybrid in the next year. A 10% discounted model 3 wouldn’t entice me at all. A 50% off model 3 would have to be where it’s at but how boring. Ideally I’d like a small compact golf sized hatch or smaller Yaris crossover SUV style. Would need to be around $25k US or under $35k ish Aussie to compete with some of the Chinese brands.

[@greghudson9717]

Have you seen a Yaris sized EV in Australia? The smallest I have actually see in person is the BYD Dolphin, and it is bigger than a Yaris...

[@zAngus]

@@greghudson9717 nah, neighbour has a hybrid Yaris SUV. Just noting the size is one up from a golf hatch.

[@jedielder7970]

I like Tesla's EXCEPT their interiors are super boring and use a lot of hard plastic. I believe other brands of EV's will keep capturing market share by offering EV's that ICE drivers can identify with more (e.g. having controls for all occupants in the car, not just on one screen). I for one enjoy the fact that I have a choice to use knobs or an LCD panel in my car. Tesla's just don't feel like they have much luxury, except for their performance. PS: range and charging times, IMHO, are huge factors for the general public adopting EV's (and yes, price as well). I think many people still have range anxiety. Of course with continued technological breakthroughs, these types of concerns will go away.

[@rozonoemi9374]

Tesla are 10 years ahead of other Automakers, so yes buy the knob car, your lost.

[@greghudson9717]

Plastics on the new Highland Model 3 are soft and way better, so that has already happened. My model Y doesn't have much luxury (a ridiculous 18 speaker sound system with 2 subwoofers is just bullshit IMO). And, performance does not make a car luxury either. The only thing my Tesla is any good at is EFFICIENCY. It literally sips the electrons if you don't drive like a maniac. And... It is also TOO BIG. I want a smaller CUV.

[@jedielder7970]

@@greghudson9717 I would say important things that Tesla does right is the technology that you can't see, like there climate control system, electric motors, etc. For people who do like minimalist interiors, Tesla is probably a good choice, but that's just not me. I want to feel like I'm in the cockpit of the Starship Enterprise, LOL.

[@greghudson9717]

@@jedielder7970 Yes, you are correct, SOME of the tech is brilliant, but the climate control is not one of them. Examples: 1. Touch the climate section at the bottom of the screen to alter the seat heating and the aircon comes on (not what I want). 2. If I turn the AC off, I want it to STAY OFF, not keep popping up like a whack-a-mole. 3. If my passenger is hot, and wants the fan on, I don't have the option to switch a fan OFF on my side. (really bad design that one). So I end up freezing instead. The car needs TWO fans, one for each side. 4. You can't close the vents at all, individual controls would be nice. 5. What idiot designed this crap?

[@jedielder7970]

@@greghudson9717 I agree with you.

[@peteramey9385]

Tesla will never build a car without the FSD computers and all the cameras or the safety features so I can't see it being much cheaper unless it has a lot less batteries.

[@budgetaudiophilelife-long5461]

🤔SMALLER BATTERY 🔋 PACKS,MAKES SENSE 🤗 LESS CAMERAS DOES NOT…FOR SAFETY AND FSD 🤷‍♂️💚💚💚

[@Withnail1969]

And where's the profit?

[@davdep]

No No No these cars need a good range ,that's the most important thing, takeaway all of the self driving stuff and other things .

[@logtec1162]

Probably come without autopilot, without electric seats, without leather seats , less range, bad acceleration, less cameras , less screen resolution, slower chips….

[@djbrak1434]

POV spec Model Y, less tech, smaller battery, possibly cheaper (less powerful) motors would absolutely have a market if price could be dropped 20%.

[@Lucky73678]

Anything less than 250miles range is a nogo. Why would you pay 25k for a 120mile range. I might as well buy a corolla for 22k and get 350miles. Sorry this will take stock back to 120

[@AmsterDanTheAmerican]

Why is Reuters so hot n bothered about Tesla and trying to report (make up) negative news about Tesla?

[@ws6002]

1) A 10% reduction in cost isn't going to change anything. 2) If the sheet metal basically looks like the Model 3/Model Y, Tesla faces the problem of the perception that the design has become boring. This is the result of having so few distinct models. 3) I disagree on what changes Tesla has in mind to produce a "high value" Model 3 and Model Y. I am assuming the less expensive no-rare earth's motor that Tesla bragged about 2 years ago is real. If that is true, the Tesla will go with slightly less efficient, less slightly less powerful motor. They will take advantage of the more favorable battery market. The will replace the glass roof with a conventional all steel roof. And that's your new, high value, car. Trivial capital expenditure. Lower cost per vehicle. Exactly what the doctor ordered.

[@jandemckay]

This doesn’t sound very Musk-like! He’s not going be for going backwards. Times must be really hard if he’s taking this route!! I’d be more inclined to see a M2 being built on the current production line rather than scaled down M3 and MY?

[@Sonofabeach2006]

Reuters appear to not be incorrect so far… I even think they may have gotten Elon going again at Tesla…

[@ainschuntayleuhn1147]

I can’t see an Affordable EV ever. All the Manufacturers can’t resist in trying to out-Gadgets each other.