US EditionTesla Teases Tuesday Event as Focus Shifts to Affordable EVs
Tesla plans a major reveal amid rising competition and the end of the $7,500 electric vehicle tax credit, with past affordable model launches boosting sales over 50%.
- Tesla, the Elon Musk-led automaker, teased an unveiling set for Tuesday, October 7th with short videos on X showing a turbine-like object ending with "10/7".
- With the $7,500 EV tax credit having expired at midnight on September 30, investors and analysts expect a more affordable Model Y to sustain sales momentum after record deliveries.
- The company reported it completed first builds and will begin selling the stripped-down Model Y in the fourth quarter, aiming for about 250,000 units annually by 2026 at roughly 20% lower production cost.
- Tesla shares rose 2% in premarket trading after the Oct. 7 tease, sparking online debate and two leading theories as investors watch a lower-cost Model Y.
- With Ferrari unveiling its first EV this week, a Tesla patent revives the 'fan car' concept supporting Roadster theories, while some analysts link the teaser to Optimus and Dojo.
20 Articles
20 Articles
Tesla teases fans with Tuesday event — here’s what investors are bracing for
Tesla teased an Oct. 7 event, in which investors and analysts anticipate a more affordable model to sustain sales momentum, sending the shares of the Elon Musk-led electric automaker 3% higher in early trading on Monday.
Tesla shares jump on cryptic posts teasing product unveiling
(Bloomberg/Craig Trudell) — Tesla Inc. managed to pique the interests of investors with a series of social media posts that sent the carmaker’s shares higher Monday. First, the company posted a video clip of a black hubcap-like object with a Tesla logo spinning before flashing the numbers 10/7, likely referencing a product unveiling on Tuesday. A second post appears to show a car parked in pitch-black darkness, revealing only its headlights. Tes…
The Wait is Over: Tesla Finally Unveils Its Affordable EV This Tuesday
Tesla is set to hold an event on October 7, where investors expect the announcement of a more affordable model to help boost sales. This anticipation has led to a 3% increase in Tesla’s stock price in early trading on Monday. The company shared a short video on social media showcasing a vehicle with its […] The post The Wait is Over: Tesla Finally Unveils Its Affordable EV This Tuesday appeared first on Modern Diplomacy.
Tesla Shares Are Trading Higher Monday: What's Going On? - Tesla (NASDAQ:TSLA)
Tesla, Inc. (NASDAQ:TSLA) shares are trading higher Monday after the company teased a Tuesday event where the electric vehicle maker is expected to discuss a more affordable EV model.
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