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A cheaper Tesla is back on the menu [Verge, The]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Share this story Tesla says it will build more affordable electric vehicles — perhaps as soon as 2025 — refuting recent reports that Tesla CEO Elon Musk had canceled plans for a cheaper “Model 2” vehicle in favor of getting a robotaxi out the door. But Musk didn't clarify whether the lower-cost EV would be a brand new model for Tesla or simplified versions of its current vehicles. “In terms of a new product roadmap, there's been a lot of talk,” Musk said during the company's first quarter earnings call, addressing the concerns investors have expressed over the past month about the delayed plans for a low-cost EV. “We've updated our future vehicle lineup to accelerate the launch of new models.” Musk said we might see the vehicles in early 2025, if not later this year. “In terms of a new product roadmap, there's been a lot of talk” The vehicles will blend “aspects” of a next-generation platform with the current platform that undergirds the company's top-selling Model 3 and Mode
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- Elon Musk sues Indian battery company Tesla Power for trademark infringement [FOX Business Network][FOX Business Network]
- Rule tweak allows Tesla, EV makers to maintain tax-credit marketing push in car sales [Fortune][Fortune]
- Have the wheels come off for Tesla? [Yahoo! Finance][Yahoo! Finance]
- Tesla is pulling out all the stops to get Elon Musk his $47 billion pay package [Business Insider][Business Insider]
- Tesla in Turmoil as Musk Makes Multiple Controversial Moves [Yahoo! Finance][Yahoo! Finance]
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