Elon Musk says Tesla’s next-gen Model 4 will be affordable for everyone
Tesla Motors CEO Elon Musk gave the world a peek into how the company plans to follow its latest electric vehicle, the Model 3 sedan, saying the fourth generation of the vehicle will be affordable to nearly everyone.
During a question-and-answer period at the Future Transport Solutions conference in Oslo last week, Musk told Norway's Minister of Transport and Communications, Ketil Solvik, that with economies of scale and higher volume production lines, vehicle prices will drop.
The Model 3, which won't ship until mid-to-late 2017, has a starting price of around $35,000. That contrasts starkly with other Tesla sedans, such as the Model S, which have a starting price of about $70,000. And, Musk said, it will be one of the safest cars in the world. That's because the Model 3 will include Tesla's Autopilot feature, an advanced driver assistance system.
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