_tesla-stock-soars-12-as-elon-musk-promises-more-affordable-electric-vehicles.jpg "Tesla Stock Soars 12% as Elon Musk Promises More Affordable Electric Vehicles from tesla onesie Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 1.1M times
✓ Published: 26-Apr-2024
👁 View: 1.1M times
✓ Published: 26-Apr-2024
Description:
Tesla's stock price jumped 12% on Wednesday after CEO Elon Musk said the company would accelerate the rollout of more affordable electric vehicle models. Musk did not provide details on the cheaper EVs but said they would use Tesla's current manufacturing platforms and production lines. Analysts saw this as a sign Tesla had retreated from previous plans for an all-new $25,000 vehicle and would offer stripped-down versions of existing models. Competition and high costs have eaten into Tesla's bottom line after years of rapid growth, putting pressure on Musk to cut prices.
Tesla's stock price jumped 12% on Wednesday after CEO Elon Musk said the company would accelerate the rollout of more affordable electric vehicle models. Musk did not provide details on the cheaper EVs but said they would use Tesla's current manufacturing platforms and production lines. Analysts saw this as a sign Tesla had retreated from previous plans for an all-new $25,000 vehicle and would offer stripped-down versions of existing models. Competition and high costs have eaten into Tesla's bottom line after years of rapid growth, putting pressure on Musk to cut prices.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_kids-react-to-tesla-model-3.webp "Andy Slye")
_tesla-q1-earnings-preview-is-ev-giant-no-longer-a-39growth-stock39-analysts-cautious-want-answers-about-robotaxis-model.webp "Tesla reports first quarter results after market close Tuesday April 23.<br/><br/>The Q1 report comes as questions linger on demand for electric vehicles and questions about Tesla's growth plans are top of mind.")
_2023-tesla-model-y-delivery.webp "Jared Ramirez")
_the-real-reason-tesla-won39t-sell-the-model-y-juniper-in-america-in-2024.webp "The Electric Viking")
_24-hours-in-my-tesla-challenge.webp "Yoora Jung")
_tesla-model-x-5-year-review.webp "WHAT'S INSIDE? FAMILY")
_elon-musk-loses-appeal-of-39twitter-sitter39-provision.webp "Elon Musk , Loses Appeal of , 'Twitter Sitter' Provision .<br/>On April 29, the Supreme Court denied billionaire <br/>Elon Musk's challenge to the terms of a Securities<br/>and Exchange Commission agreement. .<br/>On April 29, the Supreme Court denied billionaire <br/>Elon Musk's challenge to the terms of a Securities<br/>and Exchange Commission agreement. .<br/>NBC reports that the SEC requirement <br/>would require a lawyer to review <br/>the Tesla CEO's social media posts. .<br/>In his appeal, Musk argued that the SEC's requirement, <br/>which has been dubbed the 'Twitter sitter' provision, <br/>unlawfully imposed conditions on his freedom to comment. .<br/>In his appeal, Musk argued that the SEC's requirement, <br/>which has been dubbed the 'Twitter sitter' provision, <br/>unlawfully imposed conditions on his freedom to comment. .<br/>The SEC requirement stems from Musk's tweets in 2018 that <br/>claimed he was taking Tesla private, which shocked the <br/>market and caused shares in the company to surge.<br/>The SEC requirement stems from Musk's tweets in 2018 that <br/>claimed he was taking Tesla private, which shocked the <br/>market and caused shares in the company to surge.<br/>The SEC deemed the tweets <br/>\")
_tesla-offers-5-year-0-interest-loans-to-boost-sales-until-juniper-arrives.webp "The Electric Viking")
⏲ 6 minutes 18 seconds 👁 28.7K
_kids-react-to-tesla-model-3.jpg)
_tesla-q1-earnings-preview-is-ev-giant-no-longer-a-39growth-stock39-analysts-cautious-want-answers-about-robotaxis-model.jpg)
_2023-tesla-model-y-delivery.jpg)
_the-real-reason-tesla-won39t-sell-the-model-y-juniper-in-america-in-2024.jpg)
_24-hours-in-my-tesla-challenge.jpg)
_tesla-model-x-5-year-review.jpg)
_elon-musk-loses-appeal-of-39twitter-sitter39-provision.jpg)
_tesla-offers-5-year-0-interest-loans-to-boost-sales-until-juniper-arrives.jpg)
![[+]](/images/menu.gif){kind=small}