2min chapter

Bloomberg Businessweek cover image

Tesla Investor Day Falls Short of Specifics

Bloomberg Businessweek

CHAPTER

Tesla's Getting a 50% Cost Reduction

Tesla is working very hard and spending a lot of resources on developing artificial intelligence in the sense that they're using neural networks to train their software. They are moving forward pretty fast on some of those, some of that, but we it was honestly a little bit less of a feature of last night's presentation than I expected to hear. The goal with this next generation vehicle platform is going to be able to let them get, you know, 50% cost reduction upfront as far as what it's going to cost them to build that vehicle.

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