Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Tesla gambles on not introducing new models

Mint Kolkata

|

October 24, 2025

Tesla's groundbreaking 2017 Model 3 electric sedan, followed by a taller Model Y variant, ushered in the era of mass-market electric cars, made Tesla the world's most valuable automaker and chief executive officer (CEO) Elon Musk the world's richest man.

- Reuters feedback@livemint.com

But years later, Tesla's stalling car business remains almost entirely dependent on that one breakthrough, and it may continue to be for years to come.

The automaker's only model since then, the Cybertruck, flopped. Tesla now has next to nothing in the product pipeline for human drivers as Musk refocuses the company on selfdriving technology and humanoid robots.

A new Roadster supercar, unveiled in 2017 as a prototype, has yet to arrive and would serve only a super-wealthy niche. The automaker last year killed a project to make a $25,000 electric vehicle (EV) and instead, earlier this month, introduced stripped-down versions of the Model 3 and Model Y costing $37,000 and $40,000, respectively.

no reason why that cannot work.

MORE STORIES FROM Mint Kolkata

Mint Kolkata

Cheap farm goods spark search for a rescue plan

The Centre is working on a contingency plan to prevent distress sales during the ongoing procurement season, at a time when crop prices have slipped below the minimum support price (MSP) in many states.

time to read

1 min

October 25, 2025

Mint Kolkata

The viral hero of doing absolutely nothing

For the recovering people-pleaser, it's time to master the silent art of Sherlocking entitled near and not-so-dear ones.

time to read

4 mins

October 25, 2025

Mint Kolkata

Dalmia puts Plan B in action as Jaypee assets battle heats up

Dalmia Bharat is also pitted against Adani Enterprises Ltd, Jindal Power Ltd, and PNC-Infratech Ltd for the assets of Noida-based Jaiprakash Associates

time to read

2 mins

October 25, 2025

Mint Kolkata

Meeting Phuket’s vegetarian side

The annual Jay festival is a spectacle of faith, fire and plant-based culinary creativity

time to read

2 mins

October 25, 2025

Mint Kolkata

TVS Motor eyes shift to top gear with plans for Norton’s revival

TVS Motor Co is revving up its global ambitions through Norton Motorcycles, the British marquee brand it acquired five years ago.

time to read

1 min

October 25, 2025

Mint Kolkata

Mint Kolkata

Folk tales and everyday horror

If you have any association with hill towns, you're likely to have grown up with stories that send shivers down the spine.

time to read

1 mins

October 25, 2025

Mint Kolkata

Mint Kolkata

Japanese electronics giants make cautious return to India

Japanese consumer electronics brands are quietly retracing their steps into India.

time to read

2 mins

October 25, 2025

Mint Kolkata

Mint Kolkata

Coforge outshines in Q2 as tech rivals navigate haze

Coforge’s optimism contrasts IT’s Big Five who are still uncertain about the environment

time to read

3 mins

October 25, 2025

Mint Kolkata

Indian art takes a bow at Norway's triennial

Surrounded by verdant mountains and deep fjords, the town of Bergen on Norway's west coast is famous for Bryggen, a series of Hanseatic heritage buildings lining its harbour.

time to read

4 mins

October 25, 2025

Mint Kolkata

Deep dread of the world we inhabit

Modern horror writers are moving away from jump scares towards atmospheric dread and unease and reinventing the genre

time to read

3 mins

October 25, 2025

Listen

Translate

Share

-
+

Change font size