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Elon, Inc. cover image

Elon Goes to China, X Has an Anniversary

Elon, Inc.

NOTE

Discussion on New Affordable Car Model and Robo Taxi Strategies

The company is planning to introduce a new affordable car model that combines elements of new and current platforms for a cheaper release by the end of this year. The production of the affordable models will take place on the existing manufacturing lines. While analysts questioned if it was a new model or a cheaper version of an existing model, Elon Musk remained vague. Alongside this initiative, the company is aggressively focusing on launching a robo taxi with a car resembling one to be unveiled in August. The strategy indicates a shift in Elon Musk's previous statements, with emphasis on lowering prices for existing models and possible lineup refresh.

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