Electric car discounts not a ‘long-term issue’ for Tesla: Elon Musk promises Robotaxi this year followed by affordable Model 2 and flagship Roadster in 2025 despite lower profits

AutoExec Summary
Tesla confirmed plans to launch a Robotaxi this year, followed by an affordable Model 2 in the first half of 2025. The Model 2 is expected to be priced around US$25,000 and will be a hatchback or small SUV. Elon Musk emphasized the importance of autonomy for Tesla and announced a new Robotaxi release date of October 10. He also discussed slower sales, lower profits, and the progress of the new Roadster. Musk stated that Tesla believes in the future of electrified transport despite short-term challenges.

Brands mentioned: Tesla