Tesla: Next-gen volumes in question if low-cost model scrapped, HSBC says

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Tesla: Next-gen volumes in question if low-cost model scrapped, HSBC says
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Tesla: Next-gen volumes in question if low-cost model scrapped, HSBC says

) low-cost model presented uncertainties over the firm’s next wave of volume growth, while also questioning the implications of such a move.

But the potential cancellation of the low-cost car sullies the outlook for Tesla’s future volumes, HSBC analysts said. But HSBC analysts also questioned just why the EV maker could have canceled the low-cost model- specifically whether there was a huge development in Tesla’s full self driving efforts to support such a change.

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