Tesla Says It Expect New Model Production To Start Early 2025 If Not Late This Year
Portfolio Pulse from Benzinga Newsdesk
Tesla announced during a conference call that it anticipates the production of its new model to commence early 2025, with a possibility of it starting as soon as late this year.
April 23, 2024 | 9:37 pm
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POSITIVE IMPACT
Tesla's announcement of potentially starting production of a new model by late this year or early 2025 could significantly impact investor sentiment and stock performance.
The announcement of a new model entering production sooner than expected could lead to increased investor optimism regarding Tesla's future growth prospects and innovation capabilities. This news is likely to positively influence Tesla's stock price in the short term as investors may anticipate increased sales and market expansion.
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IMPORTANCE 90
RELEVANCE 100