Tesla announces change of plans to build cheaper electric cars
Related Articles
-
Morning Brew: Tesla Announces Expansion Plans Amid Market Fluctuations
Stock market futures are indicating a lower open today. The S&P 500 futures are down by 22 points, or 0.5%, Nasdaq 100 futures have dropped 123 points, or 0.7%,
-
Tesla's new growth plan is centered around mysterious cheaper models
Tesla’s been undergoing some major changes, and now we have a sense of why: The company says it is upending its product roadmap because of “pressure” on EV sales. The new and accelerated plan now includes “more affordable models” that the company claims will be launched next year. Or if Tesla CEO Elon Musk is […] © 2024 TechCrunch. All rights reserved. For personal use only.
-
Tesla stock pops on plans to ramp up affordable car plans
Tesla (TSLA) reported first quarter results that missed analyst estimates on both the top and bottom lines. Adjusted earnings per share of $0.45 fell short of the $0.52 Wall Street was expecting. Revenue of $21.3 billion fell short of the estimated $22.3 billion. Operating income also missed, $1.17 billion versus the $1.53 billion estimate. However, the company said it plans to accelerate the launch of new models, including a more affordable one. Yahoo Finance's Julie Hyman and Jared Blikre are...