• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Tesla Q1 report show sharp revenue and profit drops, but Musk promises affordable model for 2025

ArenaEV
It’s a turbulent time for Tesla, the EV giant once hailed as a disruptor, now struggling to maintain its dominance. The company hit a speed bump in the first quarter of 2024, when revenues saw a 9% drop – its worst performance since 2012. But there’s a flicker of hope: CEO Elon Musk’s hinted at a new affordable EV model… Read more…

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