Tesla brings forward new models as profits halve


by BBC News

BBC News— The EV maker brings forward launch plans for new models as profits drop by more than half.

Pocket-lint—Tesla's new Model 3 Performance is here. Tesla has launched the performance model for it's revamped 2nd Gen Model 3.

Carscoops—What If Tesla’s New Affordable EV Was A Model 3 Hatch?. Tesla has confirmed that it will offer more affordable electric vehicles, though it has not provided any details. A talented designer created this compelling Model 3 hatchback concept, sparking desires for an official Tesla hatchback. A hatchback version of the Model 3 could boost sales, especially in European markets, but Tesla hasn't shown any official interest in this body style. Tesla recently confirmed it is working on more affordable electric vehicles, and while it didn’t specify if this...

International Business Times UK—Tesla Profits Tumble But Shares Rise On New Vehicle Plan. Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV.Tesla reported profits of $1.1 billion, down 55 percent from the year-ago quarter on revenues of $21.3 billion, down nine percent as the company described EV sales as "under pressure."But shares rocketed up more than 11 percent in after-hours trading after Tesla pledged to "accelerate" new more...