How soon can Tesla get its more affordable car to market?

How soon can Tesla get its more affordable car to market?

Shares jump after carmaker says it is looking to accelerate production of lower-price EVs

Tesla sees biggest revenue drop since 2012 but shares still surgeElectric and hybrid car sales to rise to new global record in 2024

Tesla’s plans to bring a more affordable electric vehicle to the market appear to have moved a step closer.

On Tuesday, the company’s share price shot up by 12% after an update revealed the carmaker was hoping to accelerate the production of lower-priced EVs, with production of the first cars beginning as early as this year.

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