Tesla (TSLA) claims the company will begin launching more affordable models in 2025
The Tesla company has been working on affordable models for several years and finally intends to launch them next year.
Following its most recent earnings results, it sounds like Tesla believes it will be able to launch new, more affordable models of its vehicles by the first half of 2025. Affordable Tesla models have been in the forecast for several years, but Tesla now believes it can get these particular vehicles into production and out the door by what would likely be June 2025 at the latest.
Tesla shared its production for new models and the new affordable models in the Shareholder Deck for its Q3 2024 earnings results. According to Tesla, these models and other new Tesla vehicles are set to launch as it continues to lower the cost of goods sold:
If Tesla manages to meet its 2025 forecast, then it would actually be in line with its previous expectations set back in January 2024. Under the codename of “Redwood” at the time, Tesla predicted earlier this year that it could get its new affordable vehicles out the door in 2025.
Tesla missed on revenue, but beat on earnings-per-share for Q3 2024. As we watch to see if it can actually get its promised new vehicles out the door, stay tuned for more Tesla coverage and financial reporting here at Shacknews.
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replyTJ Denzer posted a new article, Tesla (TSLA) claims the company will begin launching more affordable models in 2025
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Given how eager Elon is to promise things far in advance I'd have thought we'd have seen the lower cost models by now if they truly expect them to launch next year. Would have made a must better presentation than the Robotaxi since the cheaper vehicles are what people are looking for.
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Seems more likely that he is going to derail the brand further if the election doesn't go his way. He handpicked the board.
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He referred to me as a “long-suffering Tesla Roadster reservation holder” on the call today. It’s been 7 years since I bought a car from that asshole for $250k and he is just laughing about not delivering it in 2024. I am definitely not buying another Tesla until the company drastically changes its leadership and also how it treats employees and customers.
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Just saw this one.
https://www.reddit.com/r/TeslaModelY/s/m1b4xJYijB-
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Do those work similar to federal rebate if you lease it? I don't qualify for federal but with my lease Tesla claims the 7500 and passed it along to me at purchase. That plus free FSD xfer and 1k off for referring a friend (dunno how I got the referral credit too but it appeared on invoice) got me 16.5k off a Y.
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