TVs have dramatically decreased in price over the past 25 years, primarily due to advancements in liquid crystal display (LCD) technology and manufacturing efficiencies. Key factors include the scaling up of mother glass sheets, improved manufacturing processes, and higher yield rates, which have all contributed to the significant reduction in cost.
The article discusses a leaked internal document from Tesla that suggests the company is planning to significantly reduce the cost of its vehicles, potentially by utilizing a new manufacturing method. This approach aligns with Elon Musk's vision for making electric vehicles more accessible to the broader market. The implications of this could greatly impact the automotive industry and Tesla's competitive position.