Tesla’s $25,000 Car Cancelled, Musk Denies

Tesla’s long-rumored $25,000 Model 2 has reportedly been cancelled, according to sources cited by Reuters. The Model 2, a mass-market, low-cost electric family car, was seen as a potential game-changer in the EV market. However, Tesla employees have revealed that the company has pivoted towards robotaxis.

Despite these reports, Elon Musk, CEO of Tesla, has refuted the claims on Twitter. He stated that the reports of the Model 2’s cancellation were false, even though Reuters cited Tesla employees as direct sources.

The reports suggest that the Model 2 was shelved in February, and Musk’s directive was to focus on robotaxis. This shift in focus could potentially impact potential car buyers who were looking forward to a more affordable Tesla vehicle.

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