Tesla Motors Inc – Page 16

Electric Vehicles Could Match Gasoline Cars on Price This Year

Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.

Already two years behind schedule, the Cybertruck has experts wondering how the company will manufacture its unusual stainless steel “exoskeleton.”

The case centered on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.

Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.

The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior of Elon Musk.