Tesla CEO Elon Musk said that the small car the company is working on would operate mostly in autonomous mode, echoing a promise he made in 2020.
On Tuesday he said there was a clear path to delivering a car that costs half as much to build as Tesla's Model 3 sedan, but he offered no details about timing or models.
At the 2020 event, Musk said he was "confident" that Tesla would make a small, compelling $25,000 electric car that was fully autonomous, within about three years.
However, in January during the company’s fourth-quarter earnings call, Musk said the automaker had stopped work for now on a compact EV.
“We have enough on our plate right now -- too much on our plate frankly," Musk said at the time.