Elon Musk on Wednesday opined on Tesla’s expensive cars, saying he wishes they were cheaper and hinting at a possible compact offering.
“It is important to make the car affordable,” he told analysts and investors on a call Wednesday, following the company’s surprise second-quarter profit announcement. “I think we will not succeed in our mission if we do not make cars affordable. Like the thing that bugs me the most about where we are right now is that our cars are not affordable enough. We need to fix that.”
Asked about a smaller car with a potentially lower price point, Musk hinted there could be one in the lineup at some point, but offered few specifics.
“Don’t think we can comment on our detailed product road map beyond what’s announced because I think we want to reserve that for