Tesla's fourth-quarter 2024 earnings call revealed a decline in electric vehicle sales, but the company remains optimistic about future production plans. Tesla aims to introduce more affordable models by the first half of 2025, utilizing aspects of both its next-generation and current platforms. Despite the mention of advanced technologies like steer-by-wire and an 800V architecture, it seems not all innovations will feature in these budget models. The company expects a production capacity increase of 60%, ensuring it can meet future demand.
Plans for new vehicles, including more affordable models, remain on track for the start of production in the first half of 2025.
It feels unlikely that every innovation will be used on whatever budget model Tesla chooses to introduce.
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