Tesla Stock: ‘Affordable’ EV Reportedly Will Be Stripped-Down Model Y

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Tesla (TSLA) will launch a stripped-down Model Y as its first “affordable” electric vehicle, according to a Chinese media report. Tesla stock fell Thursday amid general market weakness. For several months, Tesla has said it would launch some “affordable” EVs, with the first starting production by mid-2025. Initially, the rumor mill was that it might be a hatchback variant of…

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