Tesla CEO Elon Musk said in a statement on Tuesday that the company ‘If it isn’t the end of this year early 2025” He stated that he would start production of a new and more affordable model. Regarding this matter, Elon Musk had previously pointed to the end of 2025. In other words, the company is accelerating its projects in this area.

This statement came with Tesla’s latest quarterly results. The electric car manufacturer achieved two billion dollars less turnover in the first quarter of the year than in the previous year’s quarter and the company’s turnover amounted to 21.3 billion dollars. In the previous quarter this figure was $25.2 billion has happened. It was announced that the company made a profit of $1.1 billion last quarter. The decline in this area was also down 55% compared to the same period last year.

Tesla is waiting for robot taxis

The electric car manufacturer also uses it ride sharing option also presented its preview. In his previous statements, Musk suggested that we could see the company’s first robot taxi on the roads in August and that it would start accepting passengers. Of course, the company will first have to convince the authorities that the vehicles are safe.

As we see in practice Tesla’s app It won’t be much different. Features that are standard in ridesharing applications, such as the route of the vehicle picking up the passenger and the wait time, will also appear in this application.