London | Stuttgart | Tesla shareholders are bracing themselves for the car maker’s worst performance in seven years in quarterly results this week, as it wrestles with slowing demand and a brutal price war.
But they also want to know whether Elon Musk’s company is in the midst of a major change in direction, after reports that it was slowing plans for a cheaper $US25,000 ($39,000) electric car – known unofficially as the Model 2 – in favour of focusing on self-driving “robotaxis”.
