February 27, 2024

Tesla CEO Elon Musk.

Photo: Gonzalo Fuentes (Reuters)

In a shareholder letter Wednesday (Jan. 25), Tesla said that vehicle volume growth may be “notably lower” than the rate from a year ago.

And, in the same paragraph, Tesla CEO Elon Musk asked investors to look beyond 2024 as the company sees “two major growth waves,” with the first being the expansion of the Model 3 and Model Y vehicles and the next being the “next-generation” cheaper vehicles. – Michelle Cheng Read More

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