Tesla stock dips as $41,990 Model Y AWD launch puts pricing pressure back in focus
Tesla shares fell about 2% Tuesday after the company launched a new all-wheel-drive Model Y variant in the U.S., priced at $41,990. SpaceX, also led by Elon Musk, acquired AI startup xAI in a deal valuing SpaceX at $1 trillion. China announced a ban on “hidden” car door handles starting in 2027, affecting Tesla and other EV makers.