Tesla gears up for 2025: Low-cost EVs, autonomous cars to hit US roads

Quick Summary:

Tesla has reaffirmed its commitment to launching new, budget-friendly electric vehicles (EVs) in the first half of 2025.

Tesla continues to cut manufacturing expenses, achieving the lowest-ever costs for materials and labour in the fourth quarter.

Tesla’s market valuation has surged since the election of US President Donald Trump, a known ally of CEO Elon Musk.

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Article Details

Category: BusinessFinance

Markets: IndiaCanadaChinaMexico

Topics: Vehicle production costs Elon Musk Robotaxi Autonomous car service Autonomous vehicle testing Tesla future plans Tesla deliveries Vehicle sales Tesla 2025 roadmap Tesla growth Tesla Electric vehicle innovation Self-driving cars EV technology Self-driving technology 2025 EV launch Cost-cutting Affordable electric vehicles EV market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-30 @ 10:04:06 (21 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 450 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 25618597

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