Tesla's New And Cheapest Car

Elon Musk and Tesla Car

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The Tesla cars have been known for their automatic functions, but there has always been an option to steer them manually just so they looked cool. As it turns out, now the electric mobility giant plans to make driving completely driverless. And additionally, it has been reported that Tesla CEO Elon Musk spoke with some of his employees about the potential launch of a $5,000 electric car without a steering wheel. As reported by a report that is even more interesting, Tesla CEO Elon Musk discussed plans with his employees on a daily basis about the launch of a $5,000 electric car without a steering wheel as a part of their duties.

In an interview with The Wall Street Journal, Tesla CEO Elon Musk said Tesla will manufacture an autonomous $5,000 car. He believes Tesla's new battery cells and battery manufacturing efforts will allow it to reach this competitive price point, which could result in a decrease in battery costs of over 50%. Several reports indicate that the $5,000 Tesla electric car, also known as the "Tesla Model 2," will be produced at the Gigafactory Shanghai in China and exported internationally. Additionally, Tesla announced last year that it would open a new R&D center in China to develop an electric vehicle in the Chinese style.

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