Tesla’s Next Electric Vehicle to Get Rid of the Flywheel, Energy News, ET EnergyWorld

Tech billionaire Elon Musk has reportedly told Tesla employees the automaker plans to unveil its previously announced $ 25,000 electric car in 2023.

The CEO hinted that it might not even be equipped with a steering wheel, reports electrek.co.

Musk noted earlier that this new price is being met thanks to Tesla’s new battery cell and battery manufacturing efforts, which could reduce battery costs by more than 50%.

The $ 25,000 Tesla electric car is expected to be a new electric sedan that the brand aims to produce at Gigafactory Shanghai in China and export to the world.

Meanwhile, Tesla is now considering selling electricity directly to consumers in the United States.

In an application filed with the Texas Public Utilities Commission, the electric vehicle maker applied to become a “retail electricity supplier” (REP) under its subsidiary Tesla Energy Ventures.

Tesla is currently offering a retail electric plan in Australia and the UK, focused on integrating home energy storage.

Earlier this month, reports surfaced that Tesla was going to supply its entire energy ecosystem with solar power, batteries and EV chargers, to new homes in a new luxury community under construction in Florida.

According to automotive technology website Electrek, the automaker recently began delivering its complete energy ecosystem with solar panels, home powerwall batteries and electric vehicle chargers to third-party installers to deliver “the full Tesla Energy ecosystem.” .

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