_tesla-stock-soars-12-as-elon-musk-promises-more-affordable-electric-vehicles.jpg "Tesla Stock Soars 12% as Elon Musk Promises More Affordable Electric Vehicles from traxxas xmaxx cheap prices Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 850K times
✓ Published: 26-Apr-2024
👁 View: 850K times
✓ Published: 26-Apr-2024
Description:
Tesla's stock price jumped 12% on Wednesday after CEO Elon Musk said the company would accelerate the rollout of more affordable electric vehicle models. Musk did not provide details on the cheaper EVs but said they would use Tesla's current manufacturing platforms and production lines. Analysts saw this as a sign Tesla had retreated from previous plans for an all-new $25,000 vehicle and would offer stripped-down versions of existing models. Competition and high costs have eaten into Tesla's bottom line after years of rapid growth, putting pressure on Musk to cut prices.
Tesla's stock price jumped 12% on Wednesday after CEO Elon Musk said the company would accelerate the rollout of more affordable electric vehicle models. Musk did not provide details on the cheaper EVs but said they would use Tesla's current manufacturing platforms and production lines. Analysts saw this as a sign Tesla had retreated from previous plans for an all-new $25,000 vehicle and would offer stripped-down versions of existing models. Competition and high costs have eaten into Tesla's bottom line after years of rapid growth, putting pressure on Musk to cut prices.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_difference-between-sony-wf-1000xm5-and-jlab-jbuds-124-tom39s-guide.webp "Can people actually tell the difference between cheap vs expensive tech products? In our new series What's the Deal?, we put the JLab JBuds Mini against the premium Sony WF-1000XM5 to see which are the best wireless earbuds for the price. In addition to comparing the key specs and features, we asked strangers to blind-test both earbuds to see which they'd spend their own money on, and their preferences might surprise you.")
_was-the-traxxas-xmaxx-worth-361000-amp-3-great-alternatives.webp "beyondRC")
_rebuilding-my-cheap-traxxas-xmaxx-rc-car-on-a-budget.webp "Mark Santa Maria")
_traxxas-xmaxx-8s-3-things-to-consider-before-you-buy.webp "Sonoran Scale Studios")
_361000-rc-car-crushing-36100-rc-car-traxxas-x-maxx-vs-toy-shop-special-tire-comes-off.webp "Kevin Talbot")
⏲ 11 minutes 58 seconds 👁 1.2M
_hyundai39s-36106-000-car-1490-kg-new-hyundai-ioniq-5-n-en1-cup-car.webp "It looks great, goes fast and is a relative bargain. Hyundai Ioniq 5N eN1 Cup Car.<br/><br/>The Ioniq 5 N eN1 Cup Car is Hyundai's attempt to make an accessible electric race car.<br/><br/>Impressive aero elements, plenty of grip and reduced weight make driving on the racetrack enjoyable.<br/><br/>Its price tag of just over $100,000 makes it a relative bargain in the high-stakes world of motorsports.<br/>Hyundai knocked it out of the park with the Ioniq 5 N, turning this beautiful hatch-cum-crossover into a hot ride suitable for drivers looking to have fun.<br/><br/>The Ioniq 5 eN1 Cup Car certainly looks the part, with its imposing spoiler, wide wheel arches and stripped-down interior. Equipped with slick tires and dual motors, it delivers an impressive total power of 641 horsepower (478 kW / 650 PS).<br/><br/>However, power is stored in an 84 kWh battery pack. This means that even though Hyundai has stripped the Ioniq 5N eN1 Cup Car of all its luxuries, it still weighs 4,343 lbs (1,790 kg), so it's not exactly a lightweight vehicle.<br/><br/>As the Ioniq 5 N street car proves, all those numbers are far less important than the car's driving feel.<br/><br/>The Hyundai race car will also have some nice features like synthetic powertrain noise that will help provide drivers with an auditory clue as to what the vehicle is doing. The Ioniq 5 N eN1 Cup Car will also feature a boost button that can only be applied a few times per race to ease passing while rewarding tactical driving. As with electric go-karts, race control will be able to slow down the vehicle if the driver behaves unsportsmanlike.<br/><br/>Best of all, the Ioniq 5N eN1 Cup Car is relatively inexpensive as is. The price tag of less than €100,000 (about $106,500 at current exchange rates) might not sound cheap, but as Kew points out, it's a bargain compared to the Hyundai Elantra race car, which costs around €140,000 (about $149,100). spare engines and expensive racing fuel are also needed.<br/><br/>Source: https://www.carscoops.com/2024/04/is-the-hyundai-ioniq-5-n-a-good-racecar/")
_i-bought-a-361400-rc-monster-truck-traxxas-x-maxx.webp "AndrewSchrock")
_difference-between-sony-wf-1000xm5-and-jlab-jbuds-124-tom39s-guide.jpg)
_was-the-traxxas-xmaxx-worth-361000-amp-3-great-alternatives.jpg)
_rebuilding-my-cheap-traxxas-xmaxx-rc-car-on-a-budget.jpg)
_traxxas-xmaxx-8s-3-things-to-consider-before-you-buy.jpg)
_361000-rc-car-crushing-36100-rc-car-traxxas-x-maxx-vs-toy-shop-special-tire-comes-off.jpg)
_hyundai39s-36106-000-car-1490-kg-new-hyundai-ioniq-5-n-en1-cup-car.jpg)
_i-bought-a-361400-rc-monster-truck-traxxas-x-maxx.jpg)
![[+]](/images/menu.gif){kind=small}