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Tesla's next generation smaller car to operate mostly autonomously-Musk

Published 03/07/2023, 03:06 PM
Updated 03/07/2023, 03:20 PM
© Reuters. FILE PHOTO: Tesla Inc CEO Elon Musk speaks onstage during a delivery event for Tesla China-made Model 3 cars at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
TSLA
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(Reuters) -Tesla Chief Executive Elon Musk on Tuesday said that the next generation small car the company is working on would operate mostly in autonomous mode, similar to a promise he made in 2020.

© Reuters. FILE PHOTO: Tesla Inc CEO Elon Musk speaks onstage during a delivery event for Tesla China-made Model 3 cars at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo

On Tuesday he said there was a clear path to delivering a car that cost half as much to build as Tesla (NASDAQ:TSLA)'s Model 3 sedan, but he offered no details about timing or models.

At the 2020 event, Musk said he was "confident" that Tesla Inc would make a small, compelling $25,000 electric car that was fully autonomous, within about three years.

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