“Our approach is to make investments step by step. Elon plans to produce more affordable models besides Model S, and I understand his thinking and would like to cooperate as much as we can. But the investment risk is definitely larger.”
Panasonic president, Kazuhiro Tsuga, has carefully slowed down speculations on his company’s investment in Tesla’s Gigafactory. Apparently, the Japanese corporation has not yet decided if and how much to invest while previous rumours spoke of up to two billion dollars.
“It’s damn hard to make an SUV that’s beautiful and yet incredibly functional at the same time. Actually, it’s a harder design problem than the Model S.”
Tesla CEO Elon Musk is preemptively taking the blame for any delays of the Model X as he is a perfectionist when it comes to product design. He also announced plans to integrate as much autonomous driving functionality as possible in any upcoming Tesla models.
bloomberg.com (video interview) via greencarreports.com
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