Has the affordable Tesla been cancelled? Musk explained

Tesla has been on the agenda for a while with its affordable electric car project. It was said that this project, previously confirmed by Elon Musk, was canceled. The official statement about the new Tesla vehicle, which is expected to cost around 25 thousand dollars, came from Elon Musk.

Tesla CEO Elon Musk denied claims that he had shelved his $25,000 car plans. In the news prepared by Reuters and based on internal messages, it was reported that Tesla canceled the affordable model. However, Musk said on X, “Reuters is lying again” to deny the claim.

Despite Musk’s denial, Reuters claimed that the internal company messages were sent by Musk. He even said that he had meetings with many employees to cancel the affordable Tesla.

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25 thousand dollar Tesla model, has become one of the company’s most important plans in recent months. Musk said that this model is planned to go into production in Berlin and Austin Gigafactory. towards the end of 2025 The vehicle, which will be put into mass production, will challenge competitors such as BYD.

Musk’s denial of the allegations shows that the company wants to increase competition in the electric car market. It should be reminded that despite the competitive price of the Model 3, the company reached the lowest delivery figures since 2022 in the last quarter.

According to research conducted in the USA, the average price for a new vehicle has reached 44 thousand dollars. For electric cars, the average cost exceeds 50 thousand dollars. This shows that the need for affordable electric cars is increasing.

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