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261 Tesla says ‘more affordable’ EVs will launch early 2025

The Verge
Andrew J. Hawkins @ The Verge · 10/23/2024 16:15 EDT

Tesla says ‘more affordable’ EVs will launch early 2025

Image: Cath Virginia / The Verge, Getty Images


On the heels of its highly anticipated but ultimately disappointing robotaxi event, Tesla published its third quarter earnings report, in which it said it would launch a “more affordable” electric vehicle in the first half of 2025.
The company said it earned $2.2 billion in net income on $25.2 billion in revenue. That represents a 7 percent increase year over year compared to $23.4 billion in revenue in Q3 2023, and a 17 percent increase in net income,

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