9min chapter

Bloomberg Daybreak: US Edition cover image

Instant Reaction: Tesla Fast Tracks Affordable Models After Earnings Miss

Bloomberg Daybreak: US Edition

CHAPTER

Tesla's Future and Consumer Perception

The chapter discusses Tesla's challenges with accelerating production and future models while addressing the impact of CEO Elon Musk's behavior on car sales. Shareholders express concerns about vague product announcements and the need to make existing models more affordable. There is a focus on maintaining profitability through advertising initiatives and addressing consumer reluctance towards purchasing EVs.

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