Tesla, led by industry disruptor Elon Musk, has released a tantalizing teaser for an event on October 7, igniting investor interest in a potentially more affordable vehicle launch. The company's announcement caused a 2% uptick in premarket stock trading as anticipation mounts.

A sleek video posted on social platform X showcased a vehicle's headlights against a dark backdrop, suggesting the long-awaited introduction of a more budget-friendly model. The automaker has previously delayed the introduction of a lower-cost Model Y which, according to insiders, could reduce production costs by 20% and scale to 250,000 units annually in the U.S. by 2026.

This news arrives on the heels of Tesla's record deliveries in the last quarter, boosted by a surge in EV purchases before the expiration of a U

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