Tesla Has Slashed Its Production Costs From $84,000 Per Car In 2017 To $36,000 Today | Carscoops

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Tesla Has Slashed Its Production Costs From $84,000 Per Car In 2017 To $36,000 Today | Carscoops
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Tesla Has Slashed Its Production Costs From $84,000 Per Car In 2017 To $36,000 Today | Carscoops carscoops

Tesla’s head of investor relations has revealed just how much cheaper it has become for the electric vehicle manufacturer to build its vehicles.

While speaking during a special Goldman Sachs technology conference in San Francisco earlier in the week, Martin Viecha said that the per-vehicle cost of manufacturing will be the most important metric in determining how many vehicles a brand can make and how big they become. In particular, Viecha revealed thatspent an average of $84,000 building each of its vehicles in 2017, but that this has now fallen down to just $36,000.

Viecha asserted that almost none of these savings have come from cheaper battery costs and that they instead come through improved vehicle design that has made manufacturing easier. Approximately half of Tesla’s current vehicles are built at its Fremont factory in California, although its facilities in

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