Tesla's Next-Gen EV 'Much More Conventional' Than Cybertruck, Musk Says

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Tesla's Next-Gen EV 'Much More Conventional' Than Cybertruck, Musk Says
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Musk said Tesla is doing everything to simplify the next-gen car 'in order to achieve a units-per-minute level that is unheard of in the auto industry.'

Tesla's Q3 2023 earnings call was understandably dominated by the Cybertruck, with several investors and analysts asking mostly production-related questions about the electric truck. Elon Musk said he wants to 'temper expectations about the Cybertruck,' noting that 'it will take a year to 18 months before it is a significant, positive cash flow contributor.' He blamed the product's unique complexities for the slow production ramp.

It's not meant to fill you with awe and magic, it's to get you from A to B. Still beautiful, but utilitarian.' Asked for an update on the timing of the next-generation vehicle, Musk noted that Tesla will not be providing information at this time.

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