Tesla's Production Cost Per Vehicle Is $36K, Down From $84K In 2017 via insideevs.com
Tesla's head of investor relations, Martin Viecha, has shared some interesting insight into the company at an invite-only Goldman Sachs tech conference in San Francisco on September 12.
He then revealed that in 2017, it cost Tesla $84,000 to make each vehicle. Remarkably, that cost has dropped to $36,000 per vehicle in recent quarters. Contrary to what most people might expect, Viecha said that almost none of the savings came from cheaper battery costs.the use of megacasts for big bodywork and chassis components of the Model Y
While Tesla has new factories in those locations, plus another one in Austin, Texas, the company wants to continue pushing the boundaries of how much it costs to produce an electric vehicle. As new facilities build more cars, they will be able to manufacture each vehicle for less than $36,000, which should be good for the company's profitability, Viecha said.