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Tesla's Imminent Low-Cost Vehicle Launch and Strategic Manufacturing Plans
Tesla investors are buzzing with rumors about the company's upcoming low-cost vehicle offerings, which could significantly impact the electric vehicle (EV) market. Industry insider Sawyer Merit recently shared on Twitter that Chinese publication Cena Finance, citing industry sources, reports Tesla's planning a comprehensive global production strategy for a new, affordable model—likely the "Next Generation" vehicle. This low-cost model is anticipated to be a smaller variant of the Model Y, aimed at expanding Tesla's reach into more price-sensitive segments.