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Tesla’s Musk Wants to Build a $25,000 EV in Three Years

Sep.24 — Tesla Inc.’s highly anticipated “Battery Day” fell short of expectations, but chief executive officer Elon Musk still said “In about three years from now, we are confident we can make a compelling $25,000 electric vehicle that is also fully autonomous.”

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Sep.24 — Tesla Inc.’s highly anticipated “Battery Day” fell short of expectations, but chief executive officer Elon Musk still said “In about three years from now, we are confident we can make a compelling $25,000 electric vehicle that is also fully autonomous.”

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22 Comments

22 Comments

  1. olpkol

    September 24, 2020 at 1:19 pm

    дуже добре, бо китайці через 3 роки будуватимуть електромобілі по 2500 доларів!

  2. Dustin Dorsey

    September 24, 2020 at 1:25 pm

    So Nice ????????????????????????

  3. Bimo SP

    September 24, 2020 at 1:33 pm

    IS THAT EXPENSIVE OR CHEAP ?

    • Zoltán Kárpát

      September 24, 2020 at 1:55 pm

      It’s what the middle class buys. Poor people will still use public transport or whatever they can get for a few thousand bucks.

  4. Naveen Sundar

    September 24, 2020 at 1:33 pm

    Seriously why the sad music? Musk have not delivered everything – what!!!!? Model 3 costs 37500 too bad… Why dont u mention their 8 price cuts in last two years. How they are optimising everything. Shame on you Bloomberg! Shame shame

    • Stock Trading

      September 24, 2020 at 1:40 pm

      emily chang is in charge of bloomberg technology and she hates Elon Musk. she also hates women who wiin. Look at what she did to Natasha Keeney yesterday. Emily really hates clean energy for our kids future

    • Naveen Sundar

      September 24, 2020 at 1:47 pm

      @Stock Trading Yup saw the interview. She comes out as a jerk these days. I wonder what Elon did to piss ber off ????

  5. David Wright

    September 24, 2020 at 1:34 pm

    0:14
    beautiful-girls.online

  6. Zoltán Kárpát

    September 24, 2020 at 1:57 pm

    They could make a 25K car right now if they wanted to, but it would be just slightly better than other cheap EVs (like the VW e-UP!, Renault Zoe …etc.).
    It’s a better choice to wait until they can make a “compelling 25K USD car”, as Musk said.

    • Francis Kingu

      September 24, 2020 at 2:38 pm

      Hmmmmmm.. 40% true… You see they can but not at scale as yet they have to finnish building the factories first . You have to consider the osbourne effect.. You don’t want people to stop buying the more expensive cars that are currently available. That’s why they didn’t confirm nor deny the million mile battery as well..

    • Zoltán Kárpát

      September 24, 2020 at 3:45 pm

      @Francis Kingu They did confirm the million MILE battery (almost said dollar). The LFP (Lithium-Iron-Phosphate) chemistry for low end vehicles can withstand 6000+ full cycles. If the pack delivers 200 miles on a full charge, then 6000 cycles mean 1.2 million miles.
      They may be able to scale the cheap car with LFP batteries right now, but they shouldn’t give up the profits that easily to a third party battery manufacturer. They’ll probably only make like 5K USD on the car, including basic Autopilot … and maybe another 5K on some cars for FSD Beta. It’s too risky to give away money at this point, when they have good demand for high end vehicles.

    • Francis Kingu

      September 24, 2020 at 4:56 pm

      @Zoltán Kárpát youve really done your maths… Arguing with you will simply be speculation… What do you think best guess will the support line for stock be. Where would you load up like crazy… Looks like its had a little bounce back already during my dollar averaging down. And whats your best guess as to wherw it might peak at resistance. Trying to establish whe to go all in. But really its anyone’s gues predicting an emotional illogical market and factor in stock manipulation

  7. Preston McNair

    September 24, 2020 at 2:04 pm

    You can order the $35,000 Model 3, it’s just off the menu. A rep has to change it.

  8. S O

    September 24, 2020 at 2:38 pm

    Elon makes allot off promises that he doesn’t keep, lets see how this work out..

  9. Jennyoy

    September 24, 2020 at 3:32 pm

    Instead of helping the local car industry and offering work to the local people, Elon wants to move the US car production out to China. Making the local manufacturing more depressing while boosting the economy in China.

  10. mrpmj00

    September 24, 2020 at 3:39 pm

    If u like to gamble, buy Tesla or go to Vegas. Battery loses range when pulling so it makes no sense that trucks are battery powered
    instead of hydrogen powered.
    If you like to invest, buy Amazon, Apple, Nvidia, Facebook, Microsoft, Google, Wells Fargo, Netflix, CRM
    TRUST THE PROCESS.

  11. mrpmj00

    September 24, 2020 at 3:39 pm

    There’s only a 5 year world supply for lithium batteries (and Tesla is using up too much of that for the few , compared to how little
    a smartphone uses for everyone). Current electrical infrastructure can’t supply the electricity to all homes. Powerlines
    contribute to forest fires. Lithium batteries are mined by African children. Lithium batteries create toxic disposal wastes.

  12. mrpmj00

    September 24, 2020 at 3:39 pm

    There needs to be a law that prioritizes lithium for smartphones over electric cars because cars have petroleum and hydrogen

    alternatives.

  13. mrpmj00

    September 24, 2020 at 3:40 pm

    Providing more lithium batteries for EV cars is just opening a can of worms because the electrical grid cannot support every house.

    Not everyone can or wants to incur the cost of solar panels (which from my friend’s experience only lasted 7-10 years)
    I have 4 cars, 2 cars (kids’ cars) are parked outside.

  14. mrpmj00

    September 24, 2020 at 3:40 pm

    A battery manufacturer should sell to the highest payer. Ford, GM, and VW have deep pockets and they can pay more for the batteries

    and put Tesla out of business.

  15. mrpmj00

    September 24, 2020 at 3:42 pm

    An electric truck makes no sense because tests have shown that the battery drains faster when it has to pull. Hydrogen vehicles make

    more sense in trucks than EV. Hydrogen vehicles fuel up in 5 minutes like gas cars and they have a 1000mpg range; EV you have to

    wait 45+ minutes (and you have to wait for the guy in front of you to finish his charging)

  16. mrpmj00

    September 24, 2020 at 3:42 pm

    THere isn’t a plugin at every corner like a a gas station and the charge is 50 minutes+ (assuming you aren’t waiting for the guy

    before you to finish his charging)

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Odd Lots: Maybe AI Won’t Kill Us All — Just Some of Us

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Big Tech has been sounding alarms about the risk of AI causing human extinction but there are also skeptics who dismiss the notion, like former US Federal Trade Commissioner Alvaro Bedoya, who referenced the Black Death to dismiss warnings of existential risks.

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“I don’t think it should be left to any one company.”

Google SVP James Manyika says a “collective effort” is needed to ensure AI safety.
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Bloomberg’s Ed Ludlow breaks down OpenAI’s talks with multiple investors to raise at least $30 billion at a valuation of about $1.4 trillion. Plus, DeepSeek is also close to securing at least $12 billion in funding ahead of its own IPO next year, and JPMorganChase CEO Jamie Dimon weighs in on data centers and AI…

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Bloomberg’s Ed Ludlow breaks down OpenAI’s talks with multiple investors to raise at least $30 billion at a valuation of about $1.4 trillion. Plus, DeepSeek is also close to securing at least $12 billion in funding ahead of its own IPO next year, and JPMorganChase CEO Jamie Dimon weighs in on data centers and AI risks from London’s Tech Stars event.

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