Reported 3 days ago
Tesla is set to host an event on October 7, teasing a more affordable EV model to maintain sales momentum amidst a recent surge in deliveries. The automaker hinted at the event in a short video, while anticipating the launch of a lower-cost Model Y, which is expected to be 20% cheaper than its predecessor. Analysts predict a significant rise in Tesla's deliveries next year, but there are concerns about sales decline following the expiration of the EV tax credit.
Source: YAHOO