Elon Musk Needs Cheaper Teslas to Pay for Everything Else He Wants.

Tesla has announced a new plan to accelerate the launch of new models, aiming to revive sales growth and improve cash flows. The company will combine elements of its current production platform with its next-generation platform, resulting in lower cost savings but also lower capital spending. This decision reflects a shift towards speed of delivery and capital efficiency, which is seen as a sensible move by institutional investors. However, some Tesla fans may be less enthusiastic about the compromise. The company's focus on self-driving technology and AI is also highlighted, with the need to prioritize selling cars to fund these higher-tech dreams. [Extracted from the article]