Tesla to launch new models ahead of planned timeline, shares jump By Reuters

Tesla to launch new models ahead of planned timeline, shares jump By Reuters

(Reuters) -Tesla said on Tuesday it had pulled forward the launch of new models from the second half of 2025, sending its shares up nearly 7% in after-hours trading.”This update may result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a more capex efficient manner during uncertain times,” the electric vehicle maker said. Tesla (NASDAQ:) did not elaborate on pricing of the new vehicles. Reuters reported earlier that Tesla had…
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Source: https://www.investing.com/news/stock-market-news/teslas-quarterly-revenue-falls-for-the-first-time-since-2020-3391845