Tesla (NASDAQ: TSLA) has been talking about a cheaper EV for years, but it has always been just out of reach, and plans to build one have continually changed. But the company recently gave some updates about its progress on releasing a more affordable EV,

CompanyOverview|NASDAQ:TSLA] Shares of Tesla Inc. (NASDAQ: TSLA) closed just under $290 before the weekend, marking a stunning 30% rebound from their pre-earnings low earlier this month. The stock is still down from its December all-time highs,

Valued at a market cap of over $900 billion, Tesla (TSLA) is a giant who has historically dominated the electric vehicle market. Despite its scale, however, the stock is down more than 30% in the year to date and is more than 40% off its all-time high.