Reported 1 day ago
Tesla has introduced more affordable versions of its Model Y and Model 3 electric vehicles, aiming to boost sales in a challenging market environment marked by stiff competition and declining demand. The new Model Y starts under $40,000 while the Model 3 is priced below $37,000. Despite these efforts, investor sentiment was negative, with stock prices falling as they sought innovative offerings rather than updated versions of existing models.
Source: YAHOO