Tesla investors are eagerly awaiting announcements about a new lower-cost EV as the company prepares to release its quarterly results on Jan. 29.

This new model is critical for Tesla’s goal of increasing deliveries by up to 30% in 2025.

Last year, Tesla experienced its first annual drop in deliveries, largely due due to rising competition from Chinese automakers like BYD and an aging vehicle lineup.

In April 2024, Tesla revealed plans to launch an affordable vehicle using its current production platforms in 2025.

However, concerns remain about whether it will qualify for federal subsidies due to potential policy changes policy under the Trump administration.

Analysts estimate the company will sell 2.1 million cars in 2025, but competition in key markets like China and Europe remains a concern.

Recent Tesla developments