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Tesla Faces Investor Caution Amid Model Launch Strategy Shift
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Tesla stock slipped as reports of fewer new models raised growth concerns.
Tesla is facing renewed market skepticism after Reuters reported its pivot away from frequent new model launches toward incremental upgrades. Analysts fear the strategy could dampen excitement in key EV segments dominated by BYD and Hyundai. Shares edged 0.8% lower in extended trade. The company aims to cut costs through platform standardization and software-driven revenue. Investors await Musk’s commentary on Q4 production goals and Autopilot updates amid intensifying competition across China, India, and Europe.