Elon Musk promises “more affordable” EVs as rival discounts hit Tesla’s profits
Elon Musk has promised that Tesla will deliver a “more affordable” electric vehicle in early 2025, after he admitted that discounts and increased competition were the main reasons for a significant drop in second-quarter profits. Tesla’s share price took a hit on Tuesday (US time) after the company released its second-quarter earnings, which revealed a … Read more