Monitoring Desk
ISLAMABAD/SAN FRANCISCO: American automaker Tesla Inc has announced to cut assembly costs of electric vehicles by half in future generations.
Tesla Chief Executive Elon Musk is yet to unveil the much-awaited plan for producing affordable electric vehicles.
A dozen Tesla executives led by Elon discussed everything from a white-paper plan for the world to embrace sustainable energy to the company’s innovation in managing its operations from manufacturing to service.
The presentation featured an array of engineers, including the new world production chief, Tom Zhu, the nod to Tesla’s attempt to show the depth of its executive bench beyond Elon. But there were no details about when next-generation cars would be launched and what Tesla models would be offered.
Elon is expected to lay out a plan to make a more affordable electric vehicle that would broaden his brand’s appeal and fend off competition.
Tesla next-generation
Executives said that Tesla’s next-generation platform would include more than one car built in standardized industries, but Elon brushed off questions about models in mind.
Zach Kirkhorn, Tesla’s chief financial officer, and others underscored their dedication to cutting production costs.
