Can Elon Musk's Tesla Really Pull Off A $20K Model Y? Industry Experts Have Mixed Feelings

Q: How long will it take to read this news story?

The story "Can Elon Musk&#039;s Tesla Really Pull Off A $20K Model Y? Industry Experts Have Mixed Feelings" has 451 words across 21 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Can Elon Musk&#039;s Tesla Really Pull Off A $20K Model Y? Industry Experts Have Mixed Feelings" was covered 1 weeks ago by Benzinga, a news publisher based in United States.

Q: How trustworthy is 'Benzinga' news outlet?

Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news. The outlet is headquartered in United States and publishes an average of 18 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21283515</li><li>URL: https://beamstart.com/news/can-elon-musks-tesla-really-17186325731204</li></ul>

Benzinga Logo Benzinga 1w ago

Can Elon Musk's Tesla Really Pull Off A $20K Model Y? Industry Experts Have Mixed Feelings - Benzinga

Quick Summary:

What Happened: Musk shared his vision of a more affordable Tesla Model Y during the company’s 2024 Annual Stockholder Meeting, suggesting that such a vehicle could potentially sell millions of units, Forbes reported on Monday.“Figuring out ways to make more affordable vehicles is really like the game changer,” Musk stated.

In a recent announcement that has stirred the auto industry, Elon Musk, CEO of Tesla Inc.(NASDAQ:TSLA), has hinted at the possibility of a Tesla Model Y priced under $20,000.

Musk emphasized the importance of affordability in Tesla’s future, acknowledging that while many people aspire to own a Tesla, the high price point is a deterrent.