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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Manufacturing & engineering

Tesla to demo in-car gaming platform next month says Musk

In order to demonstrate the gaming capacity inside Tesla vehicles, some computing-demanding video games could likely be used

Tesla Inc (NASDAQ:TSLA)'s chief executive Elon Musk said the company is getting closer to integrating Valve's Steam to elevate its in-car gaming platform.

Tesla's in-car entertainment system is said to include video games with the company reportedly heavily investing in the same.

The company surprised consumers earlier this year when it announced it would integrate Steam, an online video game store and distribution platform from Valve, into its vehicles, in a move that would lead to a massive increase in the number of games that could be played inside Tesla vehicles.

Musk said Tesla intends a demonstration next month.

"We are making progress with Steam integration. Demo probably next month," Musk wrote on Twitter.

Reports indicate that to demonstrate the gaming capacity inside Tesla vehicles, some computing-demanding video games will likely be used.

Musk also said the electric vehicle company would reduce its car prices if inflation slowed when asked by a Twitter user.

"If inflation calms down, we can lower prices for cars," the tech billionaire wrote on Twitter.

Musk-owned Tesla raised the prices of its electric cars once again last month, with some models increasing by as much as US$6,000.

In 2021, Tesla's electric vehicle prices increased almost every month, with the pace slowing down in early 2022.

The carmaker shipped a record number of China-made cars in June as sales rebounded swiftly after restrictions to stop Covid's spread in Shanghai crippled the company's plant there.

Wedbush forecasts that roughly 40% of the Austin, Texas group's global deliveries will come from the Chinese market.

Electric vehicle batteries tend to have significant amounts of copper, cobalt, nickel, lithium and tin which could be the main reason for the price hike by the company, said analysts.

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