EXRO in the new Tesla Hatchback?""To help further reduce the cost of this new Tesla, it will use a new type of electric motor which uses no rare earth materials. This makes it cheaper to make and lighter. In fact, this new drive unit will cost just $1,000 (£820) to produce, and it can be built in a smaller factory to help save even more money."
Sound familiar?
From https://www.carwow.co.uk/tesla/news/5220/new-tesla-ev-compact-electric-car-hatchback-price-specs-release-date#gref