Tesla could build a new car that will sell for nearly $27,000, per Reuters.
It could be a boost for the EV transition, which has been hampered by a lack of affordable options.
AdvertisementAdvertisementTesla is planning to build a 25,000 euro ($27,000) electric car at its Berlin Gigafactory, according to a report from Reuters citing an unnamed source.
Tesla CEO Elon Musk reportedly told staff about the plans during a visit to the factory on Friday.
AdvertisementAdvertisementCurrently, the cheapest vehicle Tesla sells is the $38,990 Model 3, which was briefly available for $35,000 in 2019.
Persons:
Tesla, —, Elon Musk, Kelley, Musk
Organizations:
Reuters, Service, Tesla, Ford, GM, EV
Locations:
Berlin