Tesla could really use the affordable EV it's been promising, but the timeline keeps slipping. As recently as April, Tesla said it would begin production of its mysterious new "affordable" EVs in the first half of 2025. But the deadline came and went on Tuesday with no word, and Wednesday saw the automaker report its second consecutive year-over-year decline in deliveries.When Tesla announced similarly bad delivery numbers in April, an analyst told Business Insider it made making an affordable EV even more ...

Tesla (TSLA 2.41%) has been talking about a cheaper EV for years, but it has always been just out of reach, and plans to build one have continually changed. But the company recently gave some updates about its progress on releasing a more affordable EV, even if details are still sparse.Here are three things we know about Tesla's upcoming lower-priced EV and what it may mean for the company after it is launched. 1. The new model could just be a stripped-down version of a current modelLast year, Tesla reporte ...