Elon Musk says Tesla could build $25,000 EV in about ‘three years’

He likened it to the progression of the cellphone from the clunky, limited cellphone from Wall Street (Motorola’s DynaTAC) to modern smartphones. It took many iterations to get there, Musk said, and you need sheer manufacturing volume and demand to lower the price. This is part of why you can’t buy a Model 3 for …

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