"Preparations remain underway for our offering of new vehicles — including more affordable models — which we will begin launching in the first half of 2025," the company said in its earnings report.

Tesla wrote in its third-quarter disclosure report that it’s making “preparations” to offer new vehicles with “more affordable models.” The EV maker’s cost of goods sold per vehicle also came down to “its lowest level ever” at $35,1000.

With shares falling and profits shrinking, Tesla Inc. is increasingly looking like the odd one out among its mega-cap technology peers. Investors worry that quarterly results will make the electric-vehicle maker even more of an outlier.

The Robotaxi may have been Tesla's latest splashy tech reveal, but investors appear to be preoccupied by more pressing issues.