Tesla surges after Elon Musk says new affordable EV models coming


by CNBC

CNBC— Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.

MarketWatch—Tesla earnings: Stock surges as Musk says affordable EV still in Tesla's future. 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

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...

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.