During Tesla's quarterly earnings call, executives hinted that the anticipated affordable models, including a $30,000 option, would essentially be simplified versions of the current Model 3 and Model Y. Both CFO Vaibhav Taneja and VP Lars Moravy indicated that these new vehicles would resemble existing models rather than introduce groundbreaking design changes. This reflects Tesla's strategy of utilizing existing assembly lines and platforms, thus limiting the range of form factors for new offerings. The launch is expected in June, focusing on a competitive price point.
Using our existing lines, there's always limitations as to how many different form factors you can bring, so that's the way you should think about it.
The cars will resemble in form and shape cars that Tesla currently makes, indicating they may not be entirely new designs.
With the recent upgrades to the Model 3 and Model Y platforms, we've made some pretty great cars at pretty great prices.
The automaker's affordable model won't be a new model, but instead something that looks and feels like the existing vehicles.
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