Tesla is poised to announce significant gains for the third quarter, anticipated due to a rush of U.S. buyers eager to capitalize on an expiring $7,500 federal electric vehicle tax credit. However, market watchers are honing in on CEO Elon Musk's strategic outlook, particularly concerning new cost-effective iterations of its Model 3 and Model Y.
These new, more affordable trims, branded as 'Standard,' are priced $5,000 to $5,500 less than their predecessors, attributed to smaller batteries, simplified motors, and the removal of non-essential features such as rear touchscreens and seat-back pockets. This pricing strategy, along with temporary reductions in lease prices for the more expensive 'Premium' models, has placed significant pressure on Tesla's margins, which have historically been

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