Tesla commits to cheaper cars in first half, but results miss targets

By Abhirup Roy and Akash Sriram (Reuters) -Tesla said it was on track to roll out new, cheaper electric vehicle models in the first half of 2025, as its quarterly profit and revenue fell short of Wall Street expectations on Wednesday due to discounts and financing offers. Tesla's market value has soared with the election of U.S. President Donald Trump, who is a close ally of CEO Elon Musk, but