Gadget News

The future at Tesla is less than clear, as substantial layoffs, production delays, and general instability have crept up in recent months. After years of speculation, and something of a tease by CEO Elon Musk at Battery Day in 2020, Tesla had initially confirmed it was working on a next-generation and more affordable EV in 2024. Following an early 2024 report from Reuters, Musk spoke about the project, dubbed Redwood, during Tesla’s Q4 2023 earnings call on Jan. 24, 2024.

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