After the release of the unexpected earnings report, Tesla revealed the timeline for the release of its next-generation vehicles.During the earnings call on Wednesday local time, Tesla stated that its current goal is to launch the next-generation electric vehicles by the end of 2025, including a more affordable model.Regarding this new model, Tesla has disclosed the following information:<ul><li>The price is set at $25,000 to further expand the market.</li><li>It will adopt the &#34;Unboxed Assembly Process,&#34; which, according to Tesla, will be faster, more efficient, and lower in cost.</li><li>Increasing production capacity may be challenging, and production will take place at the yet-to-be-built factories in Austin and Mexico, as well as a third factory outside of North America.</li><li>This is not a &#34;product announcement,&#34; and Tesla remains cautious about the timeline for the end of 2025, with plans to potentially start production in mid-2025.</li></ul>Tesla commented:<blockquote>&#34;This will be a challenging production ramp.&#34;&#34;Once in production, this vehicle will be far ahead of any manufacturing technology in the world, representing a higher level.&#34;</blockquote>At the same time, Tesla also warned that sales growth in 2024 will slow down but surprisingly did not provide specific full-year delivery targets.Wall Street predicts that Tesla will sell 2.2 million vehicles by 2024, with a year-on-year growth of approximately 20%. As a reference, Tesla has historically set the average annual growth rate of deliveries at 50%.Morningstar Research analyst Seth Goldstein warned:<blockquote>&#34;The signals from Tesla suggest that a year-on-year growth of 50% or even 30%-40% will not happen in 2024.&#34;</blockquote>The production of the new vehicle is crucial for Tesla.Media reports indicate that even with the inclusion of the best-selling Model Y and Model 3, Tesla's product lineup is still relatively limited, and the prolonged price war has significantly eroded profits.According to Tesla's 2023 Q4 and full-year earnings report, fourth-quarter performance fell short of expectations, with a 40% decline in profits. The automotive gross margin (excluding regulatory credits) was 17.2%, much lower than in previous years. It was the first annual profit decline in five years.In response to the underwhelming performance, Tesla stated during the call:<blockquote>&#34;Tesla is currently in between two major growth waves.&#34;</blockquote>Goldstein believes that the price reduction strategy has severely impacted Tesla's profit growth and stated that there will come a point where further price reductions are no longer possible.

TSLA

The new model is priced at $25,000 and adopts a more efficient and cost-effective "unpacking process".

Tesla: The goal is to launch the next generation of cars by the end of 2025, and Tesla is currently in between two "waves of growth".