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InsideEVs
InsideEVs
Technology

Tesla Could Reduce EV Costs By About 50% In Next 5 Years: Ark Invest

Tesla Inc. Ark Invest ARK Investor Day United States

Tesla already noted that its upcoming next-gen EV platform will allow it to reduce costs, but there have been few details and no official timeline. Based on several pieces of information shared during the US EV maker's recent Investor Day, Tesla bull investment firm Ark Invest is predicting that the company will be able to reduce vehicle costs by around 50 percent over the next five years.

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