Tesla shares jump 11% after Musk says company aims to start production of affordable new EV by early 2025
Tesla reported disappointing earnings and revenue, but the stock rose on optimism that a new affordable EV model could enter production sooner than expected.
![Tesla shares jump 11% after Musk says company aims to start production of affordable new EV by early 2025](https://image.cnbcfm.com/api/v1/image/107394975-17119856732024-04-01t100016z_364557262_rc2lx6avc6wm_rtrmadp_0_autos-tesla-brand-sales.jpeg?v=1713904215&w=1920&h=1080)