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Tesla gambles on not introducing new models

Mint Hyderabad

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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.

Mint Hyderabad से और कहानियाँ

Mint Hyderabad

Mint Hyderabad

GST cuts, easing inflation drive rural demand revival

India’s rural economy expanded and recovered strongly in late 2025, with consumption, incomes and investment improving after a key tax reform and as inflation eased, a survey showed.

time to read

2 mins

December 13, 2025

Mint Hyderabad

Mexico duty hikes to hit 75% of India Jan exports

Three-quarters of India’s exports to Mexico are set to face a major setback from 1 January 2026, according to a report released on Friday by Global Trade Research Initiative (GTRI), after the Mexican senate approved steep tariff increases on goods imported from countries that don’t have a free-trade agreement (FTA) with Mexico.

time to read

1 min

December 13, 2025

Mint Hyderabad

Mint Hyderabad

Govt’s insurance reform allows 100% FDI, composite licences

The government has paved the way for 100% foreign direct investment in the insurance sector, composite licences and easier capital requirements, among others sweeping reforms, as the Union cabinet cleared the enabling legislation, said two officials aware of the matter.

time to read

1 mins

December 13, 2025

Mint Hyderabad

Mint Hyderabad

A teen, a wok and stir-fries for school

I should count myself lucky.

time to read

3 mins

December 13, 2025

Mint Hyderabad

Chair man, of the bored

STREAM OF STORIES

time to read

3 mins

December 13, 2025

Mint Hyderabad

Sebi weighs easier unified penalty rules for listed cos

Explores framework like the one for brokers that standardized and reduced fines

time to read

2 mins

December 13, 2025

Mint Hyderabad

Mint Hyderabad

English's place in history is not black and white

In 1784, two white men joined forces to establish an English school in Thanjavur, Tamil Nadu.

time to read

4 mins

December 13, 2025

Mint Hyderabad

Mint Hyderabad

A modern-day throwback to 'Malgudi Days'

Sita Bhaskar's latest novel revisits writer R.K. Narayan’s legacy to explore class, caste, and community in Mysuru

time to read

4 mins

December 13, 2025

Mint Hyderabad

Tushar Adhav and politics of the dance floor

There's a 1983 song by English new wave band Re-Flex that keeps popping up in my mind every time I find myself on an Indian club floor.

time to read

4 mins

December 13, 2025

Mint Hyderabad

Rising costs force Indian firms to rewrite employee benefits

Indian companies are rethinking the benefits they offer their staff, such as healthcare, retiral plans, well-being perks, and leave, as they seek to control budgets while retaining top talent without compromising on employee experience.

time to read

1 mins

December 13, 2025

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