Tesla Stock Drops on Mixed Q2 Results, Promises Affordable EVs by 2025

Tesla Stock Drops on Mixed Q2 Results, Promises Affordable EVs by 2025

In the second quarter of this year, Tesla reported mixed results, which led to a decline in their stock price.

While the company missed its revenue target by a small margin, it still managed to deliver a record number of vehicles, exceeding market expectations.

During the investor call, Tesla stated that they are on track to release their highly-anticipated, affordable electric vehicles in 2025.

While this is great news for consumers and electric vehicle enthusiasts, investors were hoping for a sooner timeline.

It seems that the market was expecting Tesla to announce a concrete launch date for these more affordable EVs, and the lack of clarity was a disappointment.

Stay tuned for updates, on Fan Reviews News.