Tesla leaning on existing tech to rush cheaper EVs to market this year

Tesla will look to its existing parts bin and electric vehicle (EV) platforms in an effort to fast-track the introduction of its new-generation, cheaper models to as early as the end of 2024.

In its first-quarter investor presentation earlier today, Tesla CEO Elon Musk said the brand would use “aspects of the next-generation platform as well as aspects of our current platforms” in its new EVs.

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