Tesla is planning to launch more electric cars this year, including some cheaper ones, according to its latest investor relations report. It’s likely the new cars will include variants of existing models, like the best-selling Model Y and Model 3, and potentially the more affordable, once-cancelled-maybe-now-happening Model 2.

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.

It’s hard to fault a CEO who grows a company beyond $1 trillion in value. Elon Musk managed the feat by upending the automotive market with Tesla’s electric vehicles and extended its lead with broader battery power.