Tesla Prepares for Event Focused on Affordable EVs

Reported 3 days ago

Tesla has announced a teaser for an event on October 7, which is anticipated by investors and analysts as the company shifts focus towards a more affordable electric vehicle model. A short video hinted at the unveil, amidst delayed plans for a lower-cost Model Y. This new version, expected to be 20% cheaper to produce, aims for production scalability in the U.S. by 2026, following record deliveries influenced by a recent surge in electric vehicle purchases before the expiration of a significant tax credit.

Source: YAHOO

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