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Tesla (TSLA) Soars on Budget Model Y Plans Amid Federal Tax Credit Loss

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The Story

News Summary

  • Tesla plans to release a more affordable Model Y to counter the loss of a $7,500 federal tax credit and maintain competitiveness amid rising EV options, using cost-saving design changes and teasers ahead of an anticipated October announcement.
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TSLA price history

365.44 -12.53% over the displayed period

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