Tesla’s Musk Says Affordable BEV Coming in Early 2025


by WardsAuto

WardsAuto— 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.

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.

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

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