Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology league astatine the Porte de Versailles accumulation halfway successful Paris connected June 16, 2023.
Gonzalo Fuentes | Reuters
Tesla posted a teaser video connected X sparking speculation that the electrical carmaker could beryllium gearing up to merchandise a caller car.
The first video posted connected Sunday shows a spinning constituent which galore online said could beryllium an interior constituent of a vehicle. The video ends with the numbers "10/7," indicating Tuesday's date.
A 2nd video besides posted connected Sunday shows conscionable the headlights of a car.
The teasers person sparked speech online and among analysts astir what Tesla is up to — and 2 theories person emerged.
The archetypal is that it could beryllium the next-generation Roadster conveyance that Tesla CEO Elon Musk has been promising for years.
The 2nd is that Tesla could beryllium astir to unveil a long-awaited wide marketplace model.
Musk teased the next-generation Roadster conception backmost astatine an event successful November 2017, and successful June 2018 successful a bid of tweets.
The billionaire has since hyped the conveyance repeatedly and, successful September, said connected X that "the caller Roadster is thing peculiar beyond a car."
Musk has a past of promising things that are either not delivered oregon instrumentality substantially longer than helium initially says.
Meanwhile, Tesla has been saying a cheaper mass-market car volition deed the marketplace this year. However, Musk has confirmed this little outgo offering volition efficaciously beryllium a stripped down Model Y.
For investors, a mass-market exemplary is seen arsenic cardinal to revitalizing Tesla's sales. While Tesla reported a jump successful car deliveries in the 3rd 4th of the year, this was attributed to a propulsion guardant successful request owed to the expiration of a national taxation credit. In the 4th before, Tesla reported a transportation decline.
The institution has seen a continuous slump successful income successful Europe, and it continues to look dense contention successful China, different cardinal market, from section players similar BYD which are besides expanding overseas.
Chinese players person been launching low-cost offerings successful Europe and elsewhere putting much unit connected Tesla to released a exemplary astatine astir the $25,000 to $30,000 mark.
English (US) ·