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  • 10 months ago
Tesla shared teaser clips on X showing a spinning part and headlights, fueling speculation of a major reveal Tuesday. Analysts think it could be the long-delayed Roadster or a new affordable EV. A lower-cost model would help Tesla regain momentum amid weak European sales and pressure from China’s BYD.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Tesla posted teaser videos on Exxon Sunday showing a spinning component and headlights,
00:07prompting speculation that a major announcement could come Tuesday, according to CNBC.
00:12Analysts said the automaker could unveil either the long-promised next-generation Roadster
00:16or a new mass-market model. Elon Musk first teased the Roadster in 2017 and recently called
00:22it something special beyond a car. The lower-cost model would be crucial for Tesla as it faces
00:26slumping European sales and fierce competition from China's BYD. Tesla's third-quarter deliveries rose,
00:33though analysts attributed the increase to customers rushing to use a federal tax credit
00:37before it expired. For all things money, visit Benzinga.com.
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