Reuters

AUSTIN: Tesla on Sunday teased an event on October 7, as investors and analysts await the unveiling of a more affordable model to sustain sales momentum. In a nine-second video posted on the social media platform X, the Elon Musk-led automaker showed a vehicle with its headlights illuminated in a dark setting.&nbsp; The company hinted at an event scheduled for Tuesday in a separate video that ended with &quot;10/7&quot;. <div class="fr-embed responsive-video"><div class="video-wrapper aspect-video"><div class="twitter-tweet twitter-tweet-rendered" style="display: flex; max-width: 560px; width: 100%; margin-top: 10px; margin-bottom: 10px;"><iframe id="twitter-widget-0" scrolling="no" frameborder="0" allowfullscreen="true" title="X Post" src="https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-0&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1974732638863974735&lang=en&maxWidth=560px&origin=https%3A%2F%2Fmain.d1wrm1qseko1cp.amplifyapp.com%2Fmedia-library%2F&sessionId=89dfd6a3fca7769d77544e320f8f672253c6886a&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px" style="position: static; visibility: visible; width: 560px; height: 316px; display: block; flex-grow: 1;"></iframe></div></div></div>Tesla has previously delayed rolling out a lower-cost version of the Model Y in the United States. The company stated in June that it had completed &quot;first builds&quot; of the vehicle, but would begin selling it in the fourth quarter and ramp up production more slowly than planned. The stripped-down version is designed to be roughly 20% cheaper to produce than the refreshed Model Y and could scale to about 250,000 units a year in the US by 2026, sources told Reuters earlier this year. Tesla reported record quarterly deliveries for the three months ended September, driven by a surge in EV purchases ahead of the US tax credit&#39;s expiration. The teaser videos followed the expiration of a $7,500 US EV tax credit on Sept. 30, a shift that could shape consumer choices and prompt Tesla to recalibrate its pricing strategy.

Gadgets

Tesla releases a brief teaser for an October 7 event, fueling speculation about the launch of a lower-cost Model Y. The announcement comes after US EV tax credits expired and as Tesla seeks to maintain sales growth.

Tesla teases Tuesday event as focus shifts to affordable EVs

Web Desk

ISLAMABAD: Pakistan Army said Tuesday it successfully test-fired the indigenously developed Fatah-4 surface-to-surface cruise missile, describing it as a major boost to the country&rsquo;s conventional missile arsenal.&nbsp;The Fatah-4 has a range of 750 kilometers (470 miles) and is equipped with advanced avionics, modern navigation systems, and terrain-hugging capability to evade enemy air defenses, according to a statement from the Inter-Services Public Relations (ISPR).&nbsp;The military said that the missile&rsquo;s precision strike capability would &ldquo;enhance the reach, lethality and survivability&rdquo; of Pakistan&rsquo;s conventional systems.&nbsp;President Asif Ali Zardari congratulated the nation on the test, calling it &ldquo;a milestone in Pakistan&rsquo;s defense and strategic self-reliance.&rdquo; In a post on X, he praised the scientists, engineers, and personnel from the armed forces involved in the launch.&nbsp;The missile, part of the Army Rocket Force Command, was test-fired in the presence of senior military leadership, including the Chief of General Staff, as well as engineers and scientists, ISPR said.&nbsp;Pakistan frequently test-fires missiles as demonstrations of its growing defense capabilities, often in the context of regional tensions with neighboring India. The two nuclear-armed rivals, who have fought three wars since independence in 1947, routinely conduct missile tests to bolster deterrence.

Security

Pakistan successfully test-fired its 750-km range Fatah-4 cruise missile, the army said Tuesday. President Zardari hailed the indigenous launch as a milestone in defense self-reliance, praising scientists, engineers, and armed forces.

Articles tagged with "Launch"

Tesla teases Tuesday event as focus shifts to affordable EVs

Pakistan successfully test-fires long-range surface-to-surface missile