Tag: Model 3
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Tesla Shares Dip as Cheaper Model Y and Model 3 Fall Short
Tesla’s Stock Slips as Cheaper Models Fail to Impress Investors Tesla’s stock took a hit on the news that its new, lower-cost versions of the Model Y and Model 3 have not delivered the boost investors expected. Shares fell about 4% in after-hours trading as the market weighed the impact of tax-credit expiry and intensifying…
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Tesla Shares Dip as Cheaper Model Y and Model 3 Fall Short of Expectations
Tesla Faces a Stocks Dip as Cheaper Models Lag Expectations Tesla’s latest attempt to sustain sales in a tougher EV market centers on cheaper versions of its best-selling cars. The company unveiled stripped-down, lower-cost iterations of the Model Y SUV and Model 3 sedan in the United States, aiming to cushion the impact of a…
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Tesla shares fall as cheaper Model Y and Model 3 disappoint rivals
Tsla shares drop as cheaper Model Y and Model 3 disappoint investors Tossing up a familiar paradox, Tesla unveiled lower-priced versions of two best-selling models in the United States, aiming to steady sales as the bloc of EV incentives changes hands. The move comes amid investor unease that the margins and appeal of stripped-down variants…
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Tesla Quietly Settles Fatal Autopilot Crash Case Ahead of Jury Verdict
Overview of the Case A fatal crash involving a Tesla Model 3 with Autopilot engaged occurred in August 2019 in California, drawing scrutiny to the driver-assistance system. The vehicle, traveling at about 111 km/h, collided with a Ford Explorer Sport Trac that was performing a lane change. The crash caused the Explorer to roll, and…