Wed, April 23, 2025
[ Wed, Apr 23rd ]: Fortune
What to believe, Elon Musk's promises or Tesla's terrible results for Q1?
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[ Wed, Apr 23rd ]: ThePrint
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What to believe, Elon Musk's promises or Tesla's terrible results for Q1?

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Elon Musk's true believers are boosting the stock despite a big net income drop.
Elon Musk has promised that Tesla will soon unveil a new car that will be significantly cheaper than its current models, aiming to make electric vehicles more accessible to the mass market. This announcement comes as Tesla faces increasing competition in the electric vehicle market and amid concerns about the company's financial health. Musk's promise of a more affordable car is seen as a strategic move to boost Tesla's sales and market share, but it also raises questions about the company's ability to deliver on its ambitious goals. The new car is expected to be unveiled later this year, and its success could be crucial for Tesla's future.

Read the Full Fortune Article at:
[ https://fortune.com/article/car-wreck-musk-promises-tesla/ ]