Car makers trying to catch up to Tesla’s electric vehicles were thrown a curveball recently with Elon Musk’s latest goal: slashing the cost of building next-generation cars by 50% in coming years
Photo illustration: Josephine ChuCar makers trying to catch up to Tesla Inc.’s electric vehicles were thrown a curveball recently with Elon Musk’s latest goal: slashing the cost of building next-generation cars by 50% in coming years.
Analysts already estimate Tesla’s bestselling vehicles enjoy thousands of dollars in cost advantages over rivals in producing EVs, and those competitors
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