Tesla Outlines Its Next Steps: A Compact SUV, Commercial Vehicles, Solar Charging And Cars Which Make You Money

Tesla chief Elon Musk has outlined phase two for the electric car company he started almost a decade ago.

Leading the list are new products headlined by a Model 3 based compact SUV and pickup truck.

As part of the picture, Musk says Tesla is currently focused on improved efficiency from its production facility. “A 5 to 10 fold improvement is achievable,” he says while predicting the Tesla Model 3 SUV will be manufactured as early as 2018 using processes massively improved over current ‘best-practice’ standards.

Achieving this will create lower production costs meaning the Model 3 range will be affordable and thus the entry-level Tesla vehicle.

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