Tesla earnings: Stock surges as Musk says affordable EV still in Tesla's future
by MarketWatch
MarketWatch— Earnings miss notwithstanding, momentum continued to build for Tesla's stock, which was rallying 11% in after hours trading. That's in large part because the EV maker said it plans on adding to its lineup and marketing a cheaper EV as early as next year, while investing in robotaxis as well. These
CNBC—Tesla surges after Elon Musk says new affordable EV models coming. Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.
WardsAuto—Tesla’s Musk Says Affordable BEV Coming in Early 2025. Tesla CEO Elon Musk says Tesla plans to build “affordable models” that incorporate pieces of a next-generation platform on the production lines in the company’s existing factories in China, Germany, California and Texas.
New York Post—Tesla stock soars 11% in premarket trading after Elon Musk promises affordable EV. Musk’s announcement was aimed at calming nervous investors on Wall Street who were still trying to digest the company’s most recent earnings report.