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Elon Musk promises $25,000 Tesla and says Model S 'Plaid' is coming soon

September 23, 2020. Summarized by summa-bot.

Elon Musk ended Tesla's big battery event Tuesday evening, with some big promises about the pricing Tesla's future cars and the announcement of a new ultra-fast version of today's Model S.

(CNN)Elon Musk ended Tesla's big battery event Tuesday evening, with some big promises about the pricing Tesla's future cars and the announcement of a new ultra-fast version of today's Model S.

After reviewing improvements in Tesla's own battery designs and battery manufacturing capabilities, improvements that could result in huge reductions in battery costs, Musk promised a $25,000 Tesla electric car that would be available in about three years.

Years ago, Tesla promised a $35,000 electric car, the Tesla Model 3, but even then the Model 3 was only available at that price for a short time.

Musk also promised that the $25,000 car would capable of driving fully autonomously, a difficult feat because the sensors and other equipment needed for even partly autonomous driving are expensive.

Musk also announced that Tesla is taking orders now for the new three-motor Tesla Model S with "Plaid Mode," a version capable of producing 1,100 horsepower.

Costing about $140,000, the Model S Plaid will have a top speed of 200 miles an hour and will be able to go 520 miles on a full charge, according to Tesla.

By comparison, the Dodge Challenger SRT Demon, a specialized drag strip car, was capable of going from zero to 60 in 2. 3 seconds and running a quarter-mile in 9. 65 seconds, according to Fiat Chrysler Automobiles.

Customers can order the Model S Plaid now, Musk said, and the first ones will be delivered by the end of next year.

During the lengthy presentation, Musk and Andrew Baglino, Tesla's head of powertrain development, detailed improvements the company has made in its battery design and battery manufacturing capabilities.

Musk also outlined a new engineering structure for future Tesla cars in which the front and rear framework of the car would each be made of a single cast piece of aluminum alloy.

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