Tesla is doing a cheap EV! No, wait, it’s not, it’s doing a Cybercab! Got whiplash? Same. As of today, Tesla says it will start production of a more affordable EV this June. This is the first time Tesla has noted the month for start of production.
“To summarize, we have near term challenges in our business due to tariffs and bad image,” Taneja said. “Fitting our strategy of providing the best product at a competitive price is going to be a winner, and this is the reason we still focus on bringing cheaper models to market.”
