Tesla Could Reduce EV Costs By About 50% In Next 5 Years: Ark Invest via insideevs.com
Tesla was expected to reveal its next-gen platform at Investor Day and provide more details about its upcoming product roadmap. While they did touch on such subjects, the company's executives and team members didn't divulge much, aside from larger ideas and concepts.
Nonetheless, according to Ark Invest, Tesla did reveal how it will reduce vehicle and production-related costs. The steps as shared by Tesla and outlined by Ark Invest are as follows, viaTesla plans to switch to 48-volt battery architectureTesla will transition to a parallel assembly process. As you can see, the first step has to do with Tesla taking over more responsibilities in-house, which it continues to do at a growing rate. The presentation had a detailed discussion about 48-volt architecture, which Tesla was expected to eventually adopt. The EV producer also showedethernet-connected controllers will make the various wiring harnesses less complex, and we know based on several teardowns from Sandy Munro that Tesla already has much simpler wiring harnesses than the competition.
“These electrical architecture changes should cut costs and give Tesla more control over its supply chain at the component level. They also will enable Tesla to transition its manufacturing to a parallel assembly process, slashing its manufacturing footprint and wasted time by 40% and 30%, respectively,"What do you think? Is this a given? Start a conversation about Tesla's future in the comment section below.
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