During the earnings call on July 24, Tesla's CEO, Elon Musk, cautioned that the company might encounter financial strains by the end of next year, largely due to reductions in electric vehicle subsidies by the US government. This predicament is particularly acute before autonomous driving software and services begin generating revenue streams. Consequently, Tesla's share price dipped by over 5% in after-hours trading. While Tesla is in the process of developing a new, more affordable model, the Chief Financial Officer disclosed that production growth in the forthcoming quarter will be slower than anticipated. Jacob Bourne, an analyst at eMarketer, commented that given Tesla's recent setbacks, it is unsurprising that the financial report fell short of expectations. However, Bourne added that if Tesla can successfully launch a genuinely affordable model without cannibalizing sales of its high-end vehicles, it stands to significantly boost its sales figures.