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March 08, 2023 04:44 AM

Tesla's small car will be mostly autonomous, Musk reiterates

Elon Musk said in 2020 that he was confident Tesla would make a small $25,000 EV that was fully autonomous, within about three years.

Reuters
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    Musk says there is a clear path to delivering a car that costs half as much to build as Tesla's Model 3 sedan, but offered no details about timing or models.

    Tesla CEO Elon Musk said that the small car the company is working on would operate mostly in autonomous mode, echoing a promise he made in 2020.

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

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

    However, in January during the company’s fourth-quarter earnings call, Musk said the automaker had stopped work for now on a compact EV.

    “We have enough on our plate right now -- too much on our plate frankly," Musk said at the time.

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