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Budget Model

All articles tagged with #budget model

automotivetech2 years ago•1 min saved

"Tesla Shifts Focus to Robotaxis, Rethinking Budget EV Plans"

Tesla has reportedly abandoned plans to produce an affordable electric vehicle (EV) and will instead focus on developing robotaxis, according to Reuters. The canceled budget model, codenamed "Redwood," was expected to start at around $25,000, leaving the $39,000 Model 3 sedan as Tesla's cheapest vehicle. CEO Elon Musk has long emphasized the importance of using profits from luxury vehicles to fund budget models, but the company now appears to be shifting its strategy. Despite Musk's denial of the report, Tesla faces challenges in a slowing US EV market and fierce competition in China, where BYD is leading the entry-level segment.

via Engadget|

#automotivetech #budget-model #elon-musk

technology2 years ago•2 min saved

"Samsung Galaxy Z Fold 6 FE: Price Drop Expected with Key Feature Removal"

Samsung is reportedly preparing a "budget" version of its upcoming Galaxy Z Fold 6, which may not include pen input functionality in order to lower the price for consumers. The high-end model will retain this feature, but the budget model could be thinner due to the absence of the digitizer. This move follows Samsung's trend of introducing lower-end models of its flagship devices, such as the Galaxy S24 FE, which offer comparable performance to the flagship models at a more affordable price.

via Android Central|

#budget-model #galaxy-z-fold-6 #pen-input-functionality