- Elon Musk announces Tesla’s next-generation electric vehicle is expected to go into production in 2025 during an earnings call.
- Musk reveals that engineers will live and sleep on the manufacturing line at Tesla’s Texas factory during the production ramp-up of the mass-market EV.
- The new Tesla vehicle, codenamed “Redwood,” is set to start production in the second half of 2025, aiming for a more affordable price point below $30,000 to compete with Chinese EV manufacturers. Tesla has not commented on the announcement.
Additional Coverage:
- Elon Musk warns Tesla workers they’ll be sleeping on the production line to build its new mass-market EV (businessinsider.com)
Elon Musk recently shared with investors that Tesla’s next-generation electric vehicle (EV) is projected to go into production in the year 2025. This announcement was made during the Wednesday earnings call, where Musk also cautioned Tesla workers about the challenges they will face during the production ramp-up of the mass-market EV.
According to Musk, building the next-generation Tesla EV will require engineers to live and sleep on the manufacturing line at the company’s Texas factory. He emphasized that this won’t be an easy task and described it as a challenging production ramp. Musk even stated that they would literally be sleeping on the line.
This won’t be an unprecedented situation for Tesla workers, as there have been reports in the past of employees sleeping on the factory floors to meet production deadlines. Musk himself has admitted to sleeping beneath his desk for extended periods while residing in Tesla’s manufacturing facilities.
The upcoming Tesla vehicle, codenamed “Redwood,” is expected to start production in the second half of 2025 at the Texas Gigafactory. However, Musk acknowledged his tendency to be optimistic with timing and couldn’t provide an initial production estimate.
The new EV is part of Tesla’s plan to offer a more affordable option, with rumors suggesting a price below $30,000. This move is essential as Chinese EV manufacturers, such as BYD, prioritize the production of affordable vehicles and are currently surpassing Tesla as the world’s largest EV producer.
Tesla has not commented on the matter at the time of the article’s publication.