Billionaire Tesla CEO Elon Musk denied that Tesla is scrapping plans to create a low-cost electric vehicle—something Musk has promoted for years and was expected to hit the market next year—after Reuters reported Friday the company killed the project and would be putting more resources into …
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Elon Musk Denies Report That Tesla Will Cancel Its Low-Cost Electric Vehicle Opt
Billionaire Tesla CEO Elon Musk denied that Tesla is scrapping plans to create a low-cost electric vehicle—something Musk has promoted for years and was expected to hit the market next year—after Reuters reported Friday the company killed the project and would be putting more resources into creating robotaxis.