Tesla Stock Drops on Mixed Q2 Results, Promises Affordable EVs by 2025

In the second quarter of this year, Tesla reported mixed results, which led to a decline in their stock price.

While the company missed its revenue target by a small margin, it still managed to deliver a record number of vehicles, exceeding market expectations.

During the investor call, Tesla stated that they are on track to release their highly-anticipated, affordable electric vehicles in 2025.

While this is great news for consumers and electric vehicle enthusiasts, investors were hoping for a sooner timeline.

It seems that the market was expecting Tesla to announce a concrete launch date for these more affordable EVs, and the lack of clarity was a disappointment.

Stay tuned for updates, on Fan Reviews News.