“Has Cheap Tesla Been Canceled?” by Elon Musk Answer to the question

Reuters, which claimed that Tesla canceled its cheap car, also known as Model 2, was denied by Elon Musk.

United States-based automobile giant Teslais known for selling state-of-the-art vehicles at affordable prices compared to its competitors and constantly updating these vehicles to fit new technology. Although it does not have many varieties in its catalogue, the company basically will meet every user’s needs has the tools.

But beyond all this, we have been waiting for a long time for a Tesla model that is much cheaper than the current models. However, according to Reuters’ exclusive news, the company decided to cheap Tesla model He shelved his plans. Elon Musk immediately denied Reuters’ news.

“Reuters is lying. (again)”

In the special news in question, Reuters, citing 3 people close to the subject and company messaging, said that the entry-level Tesla model was cancelled. Stating that investors also trust this plan, the platform stated that Tesla, like BYD, With China-based electric vehicle manufacturers He said that he made this move because of the rivalry between them.

According to sources, Tesla will produce autonomous taxis on the same vehicle platform after canceling its plan to make cheap vehicles. Of course, this means taking longer to plan and facing stricter regulations. The cheap car called Model 2 25 thousand dollars It was expected to be sold at . Following these developments, Tesla shares decreased.

Source :
https://www.reuters.com/business/autos-transportation/tesla-scraps-low-cost-car-plans-amid-fierce-chinese-ev-competition-2024-04-05/


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