Tesla To Produce Four Million Units Of Cheaper EVs Annually

Tesla mulls making 4 million units of its next electric vehicle which will cost approximately $25,000 according to information coming from its supply chain sources in China. By the end of the decade, Tesla hopes to build 20 million EVs annually. Facing stiff challenges from big names in the industry and newcomers, it has become important for Tesla to expand its vehicle lineup—and more importantly, have cheaper vehicles.