Elon Musk, the CEO of Tesla, has confirmed that the company is planning to release two new electric vehicles that are capable of producing 5 million units annually. This announcement comes as no surprise to those who have been following Tesla’s progress over the years, as the company has been steadily expanding its product line and production capabilities.
The first of these new vehicles is the Tesla Model Y, which is a compact SUV that is expected to be released in 2020. The Model Y will be built on the same platform as the Model 3 sedan, which is currently Tesla’s most affordable vehicle. The Model Y is expected to have a range of around 300 miles on a single charge and will be priced at around $40,000.
The second new vehicle that Tesla is planning to release is a pickup truck. This vehicle has been in development for several years and is expected to be released in 2021. The pickup truck will be built on a new platform that is being developed specifically for this vehicle. It is expected to have a range of around 400 miles on a single charge and will be priced competitively with other pickup trucks on the market.
Both of these new vehicles are expected to be produced at Tesla’s Gigafactory in Nevada, which is currently the largest battery factory in the world. The Gigafactory has been instrumental in helping Tesla to increase its production capabilities and reduce the cost of its batteries. With the addition of these two new vehicles, Tesla’s annual production capacity is expected to increase to 5 million units.
This announcement from Elon Musk is significant for several reasons. First, it shows that Tesla is continuing to innovate and expand its product line, which is important for the long-term success of the company. Second, it demonstrates Tesla’s commitment to electric vehicles and renewable energy, which is becoming increasingly important as concerns about climate change continue to grow.
Finally, this announcement is likely to have a significant impact on the automotive industry as a whole. Tesla has already disrupted the industry with its electric vehicles and has forced other automakers to start developing their own electric vehicles. With the release of these two new vehicles, Tesla is likely to continue to push the industry forward and accelerate the transition to electric vehicles.
In conclusion, Elon Musk’s announcement of two new Tesla electric vehicles capable of producing 5 million units annually is a significant development for the company and the automotive industry as a whole. These new vehicles demonstrate Tesla’s commitment to innovation and renewable energy and are likely to have a significant impact on the industry in the years to come.
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- Source: https://zephyrnet.com/tesla-next-gen-car-elon-musk-confirms-two-new-evs-that-can-hit-5m-per-year/