$Tesla(TSLA.US)Tesla is developing more affordable versions of the Model 3 and Model Y in China, with production slated for 2026. The projects, codenamed E41 and D50, are currently in the validation testing phase. This initiative follows the launch of similar models in the US and targets both the Chinese and European markets. Additionally, Tesla is reviving its previously paused $25,000 EV project. These simplified models are part of Tesla’s strategy to increase sales amid concerns about market performance.
Will this help boost Tesla’s sales?
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