Tesla investors pin hopes on cheaper EV model to boost sales
AUSTIN, Texas: Tesla investors are eagerly awaiting details on the automaker's plans for a lower-priced electric vehicle model.
Many believe this will be key to achieving the company's ambitious 2025 delivery growth target of up to 30 percent.
The new model is seen as a pivotal move following Tesla's first-ever annual decline in deliveries in 2024, as competition intensified in key markets like China.