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Tesla Steers Toward Mass Market … Sort Of
Yahoo Finance· 2025-10-08 10:30
On Tuesday, Tesla announced a lower-cost version of its Model Y electric vehicle. So why now? What finally convinced the company to bring its long-rumored, and possibly once-canceled, mass market vehicle to fruition? We can think of 1,000,000,007,500 reasons. That’s the size of Elon Musk’s new pay-for-performance pay package (plus an insignificant-by-comparison number long prized by EV buyers). READ ALSO: Verizon Hooks Up With AST SpaceMobile For Space-Based Cell Coverage and Jefferies Reveals Fund’s $715 ...