Recent reports from Reuters suggested that the highly anticipated $25,000 affordable Tesla model has been canceled. This news was based on internal messages and information from three sources within the company. However, shortly after this information surfaced, Tesla CEO Elon Musk took to Twitter to refute the claims, accusing Reuters of spreading false information.
While Musk’s denial raises doubts about the accuracy of the initial report, it’s essential to consider the history of both Reuters and Musk in terms of reliability. Musk’s track record of exaggeration and incorrect timelines is well-documented, which adds complexity to the situation.
There is speculation that the autonomous robo-taxi and the affordable Tesla model were meant to share the same platform, and focusing on the former could be the company’s strategic decision. The complexity of building a fully autonomous car at a low cost raises valid questions about the feasibility of the $25,000 model.
If Reuters’ report holds true, it could have significant implications for the electric vehicle market. Tesla’s dominance and potential to offer an affordable EV to the masses might face a setback. Regardless of the outcome, the unfolding situation could shape the future landscape of electric vehicles.