"Trading higher premarket after Reuters reported the company's efforts to produce a more affordable electric car, priced at 25,000 euros ($26,838), at its Berlin factory. This pricing strategy aims to address one of the main barriers to EV uptake in Europe and the United States, where the cost of electric vehicles remains significantly higher than in markets like China, and comes as Tesla pursues a breakthrough in production technology to lower costs and achieve its ambitious delivery goal of 20 million vehicles by 2030. |