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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.
“In order to continue accelerating the world’s transition to sustainable energy, we need to make EVs affordable for everyone, including making total cost of ownership per mile competitive with all forms of transportation,” the company said. “Preparations remain underway for our offering of new vehicles – including more affordable models – which we will begin launching in the first half of 2025.”
“Preparations remain underway for our offering of new vehicles”
The company said it earned $2.2 billion in net...
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