_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 ttl models topl 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: 865K times
✓ Published: 26-Apr-2024
👁 View: 865K 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
_best-fairway-woods-models-tested.webp "Joel Tadman and Sam De'Ath from Golf Monthly pick the best fairway woods.")
_meta-stock-plummets-15-as-market-reacts-to-increased-ai-spending.webp "Meta's stock price fell 15% when markets opened on Thursday, wiping $190 billion off its market value. This was in reaction to Meta's pledge to increase spending on artificial intelligence technologies significantly. Meta CEO Mark Zuckerberg said AI spending would need to \")
_labour-pledge-to-renationalise-railways-within-five-years.webp "Labour has pledged to renationalise the railways if it wins the next general election, with the shadow transport secretary saying that \")
_2024-toyota-c-hr-phev-in-precious-silver-driving-video.webp "The first Toyota C-HR was a milestone for both the Toyota brand and the European C-SUV segment. The next generation of the successful model is now being launched. It takes the outstanding quality of its predecessor to a higher level: with avant-garde design, advanced technologies and extensively improved electrified drives that offer higher performance, livelier driving dynamics and an extended electric range. The new model was developed in Europe with European customers in mind and will be built exclusively in Europe, including the assembly of the high-voltage batteries.<br/><br/>The first Toyota C-HR was a radical innovation in a highly competitive segment, breaking away from the traditional SUV look with its sharp-edged design that resembles the look of modern sports coupes. With great success: For more than half of the customers, the design of the vehicle was the main reason for the purchase. The C-HR became Toyota's most successful conquest model and helped give the brand a strong emotional dimension, thereby changing public perception of Toyota in Europe.<br/><br/>The new generation retains this design, which is reminiscent of a concept car, and combines it with a seamless digital user experience, electrified drives and agile driving characteristics. As such, the new Toyota C-HR has all the qualities to maintain its position as an iconic model, attract new customers and strengthen the Toyota brand in Europe.")
_tesla-q1-earnings-highlights-ev-giant-misses-wall-street-estimates-makes-cost-cuts-invests-in-ai-speeds-launch-of-new-mo.webp "Tesla reports first-quarter revenue of $21.3 billion, down 9% year-over-year.<br/><br/>The automaker says it is working to lower costs moving forward.")
_this-model-looks-exactly-like-megan-fox.webp "Credit: SWNS / Taylor Ryan<br/><br/>Meet the Brit raking in up to £25k a month - by working as Megan Fox lookalike.<br/><br/>Taylor Ryan, 26, is making a tidy sum by imitating the Hollywood star - after previously working as a van driver and barista.<br/><br/>She quit Costa Coffee to become a full-time double in 2020 and now carries out fan requests for serious cash.<br/><br/>Taylor, from Exeter, says she loves her job - but it is much harder work than people assume.<br/><br/>She regularly does thirteen-hour days and logs on at weekends to film specialist videos.<br/>")
_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.")
_the-new-bmw-x2-m35i-xdrive-exterior-design.webp "The BMW X2 is the car that first introduced the vehicle concept of a Sports Activity Coupé (SAC) for the premium compact segment. And now the even more distinctive, even sportier and even more forward-looking second generation is taking to the stage. Significantly larger dimensions and a pronounced coupé silhouette clearly showcase in its exterior design the development leap taken by the new BMW X2. The progressive character of the new model is also evident in the fully electric BMW iX2 variant, as well as in a large spread of systems enabling automated driving and parking, and in the innovative digital services laid on by the new BMW iDrive with QuickSelect and BMW Operating System 9.")
_best-fairway-woods-models-tested.jpg)
_meta-stock-plummets-15-as-market-reacts-to-increased-ai-spending.jpg)
_labour-pledge-to-renationalise-railways-within-five-years.jpg)
_2024-toyota-c-hr-phev-in-precious-silver-driving-video.jpg)
_tesla-q1-earnings-highlights-ev-giant-misses-wall-street-estimates-makes-cost-cuts-invests-in-ai-speeds-launch-of-new-mo.jpg)
_this-model-looks-exactly-like-megan-fox.jpg)
_tesla-q1-earnings-preview-is-ev-giant-no-longer-a-39growth-stock39-analysts-cautious-want-answers-about-robotaxis-model.jpg)
_the-new-bmw-x2-m35i-xdrive-exterior-design.jpg)
![[+]](/images/menu.gif){kind=small}