Tesla's next growth wave coming with low-cost EV in late 2025, Musk says

Tesla plant — Tesla’s factory in Fremont, Calif. (BLOOMBERG)

January 24, 2024 09:38 PM

Tesla's next growth wave won't come until late 2025 when the automaker launches a low-cost vehicle on a next-generation platform, starting at its factory in Texas and later moving to a future plant in Mexico, CEO Elon Musk said on the company's fourth-quarter earnings call Wednesday.

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