Tesla's first-quarter results are disastrous. Tesla announced the launch of new models more quickly than expected and continued to lower the prices of its current cars in order to avoid losing ground on the stock market

Tesla is an American band owned by Elon Musk. It recorded a first drop of 55% in the first quarter since the Covid pandemic and must face Chinese competition and the drop in demand for electric vehicles. This drop was noted a week after the announcement of the elimination of more than 10% of its employees worldwide, i.e. more than 14,000 people in China and the United States, its largest markets and 400 jobs in its mega-factory located near Berlin. To do this, Elon Musk announced that he was bringing forward the launch of new models initially scheduled for the second half of 2025, in particular by referring to a low-cost electric vehicle “as quickly as possible

The price of these new vehicles and their release date remained secret during the presentation of the results, but analysts believe that Tesla could find a second wind with this vehicle nicknamed Model 2, which would be sold at around $25,000.