Connect with us

Hi, what are you looking for?

Hidden Profit ReportsHidden Profit Reports

Tech News

A cheaper Tesla is back on the menu

The Model 3 might get an affordable younger sibling in 2025. | Image: Tesla

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…

Continue reading…

You May Also Like

Tech News

Photo by Justin Sullivan/Getty Images Just one day after Meta’s network went offline for a while, LinkedIn was inaccessible around the world, cutting off...

Stock

In this edition of StockCharts TV‘s The Final Bar, guest David Hunter of Contrarian Macro Advisors shares his updated target for the S&P 500, and makes...

Stock

In this edition of StockCharts TV‘s The Final Bar, Dave focuses on AAPL which closed below its 200-day moving average as it tests key price support....