Tesla unveils cheaper versions of 2 of its electric vehicle models as sales slump

Tesla unveils cheaper versions of 2 of its electric vehicle models as sales slump

Updated : , ,   NEW YORK (AP) — Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales but investors dumped its stock anyway. The new Model Y, costing just under $40,000 with a stripped-down interior, comes in a brutal year for Tesla as it tries to attract more customers despite an aging lineup, stiff competition from foreign EV makers and anti-Elon Musk boycotts targeting the company. The reaction from the...
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As Musk’s ‘robotaxi’ rollout approaches, Democratic lawmakers in Texas try to throw up a roadblock

As Musk’s ‘robotaxi’ rollout approaches, Democratic lawmakers in Texas try to throw up a roadblock

A group of Democratic lawmakers in Texas is asking Elon Musk to delay the planned rollout of driverless ‘robotaxis’ in the state this weekend to assure that the vehicles are safe. In a letter, seven state legislators asked Tesla to wait until September when a new law takes effect that will require several checks before autonomous vehicles can be deployed without a human in the driver’s seat. Tesla is slated to begin testing a dozen of what it calls robotaxis for paying customers on Sun...
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