Tesla reportedly drops plan to build $25,000 EV

Tesla is reportedly abandoning its plan to build a lower-cost EV thought to cost around $25,000, according to Reuters, despite that vehicle’s status as a pivotal product for the company’s overall growth. The company will instead focus its efforts on a planned robotaxi that is being built on the same small EV platform that was […] © 2024 TechCrunch. All rights reserved. For personal use only.

Apr 5, 2024 - 20:20

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Tesla reportedly drops plan to build $25,000 EV

Tesla is reportedly abandoning its plan to build a lower-cost EV thought to cost around $25,000, according to Reuters, despite that vehicle’s status as a pivotal product for the company’s overall growth. The company will instead focus its efforts on a planned robotaxi that is being built on the same small EV platform that was […]