Tesla stock up after Elon Musk says new affordable EV models coming
Tesla shares closed up 12% on Wednesday after CEO Elon Musk said the electric-vehicle company plans to begin production of new affordable EV models by early 2025. Musk’s comments came during Tesla’s earnings call on Tuesday after the company reported disappointing first-quarter numbers. Revenue fell 9% year over year, its steepest annual decline since 2012. … Read more