Finally, Good News for Tesla Investors -- or Is It?

After a year filled with negative headlines, consumer backlash, and declining global sales, Tesla has some good news -- or does it?Tesla (TSLA -4.97%) investors have waited years for a lower-cost model. Its CEO, Elon Musk, has referenced a $35,000 price point as crucial to success as long ago as 2013, and originally the Model 3 was sold for a little under $50,000 back in 2017. Tesla did introduce a rear-wheel drive Model 3 with a reduced range in 2019 for about $35,000, but eventually discontinued that vers ...