Page 3 - Lars Moravy News Today

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 to be believed -- and that's a big bet considering his track record with timelines -- possibly as early as the end of 2024.

TSLA earnings call for the period ending March 31, 2024.

Tesla CEO Elon Musk declines to provide details of the new vehicles but say they would include more-affordable models that would start production by early 2025

IEA says electric car sales to rise strongly in 2014, but affordability to remain the key factor

Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in Mexico and India unlikely in...

India Business News: Tesla announced plans to increase production by 50% from 2023 before investing in new manufacturing lines, focusing on building more affordable vehicl

Tesla outlined its intention to boost production by 50% from 2023.

Tesla’s pivot from the Model 2 including the halted investment in India’s modular plant.

Tesla will report quarterly earnings today, April 23, after market close. The analyst call comes amid the stock price's decline and announced layoffs.

In December, Reuters reported that the EV giant is struggling to make 4680 cells fast enough to meet its targeted annual delivery rate of a quarter million Cybertrucks.