Elon Musk denies report that Tesla's $25,000 car is dead

New York Post

Lean Right

Mixed Factuality

Media Conglomerate: Murdoch Family

Tesla scraps Elon Musk’s goal of low-cost car amid fierce Chinese EV competition

Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters.

CNBC

Center

Mixed Factuality

Individual: Roberts Family

Tesla scraps low-cost car plans amid fierce Chinese EV competition: Reuters

Benzinga

Center

High Factuality

Tesla Reportedly Scraps Low-Cost Car Plans, Elon Musk Denies Story - Tesla (NASDAQ:TSLA)

Tesla cancels plans for affordable car, focusing on self-driving taxis. Faces challenges in meeting sales target amid competition and production issues.

The Epoch Times

Right

Low Factuality

Independent: Epoch Media Group

Musk Says Reuters ‘Lying’ After It Reports Tesla Scrapped Low-Cost EV Project

Tesla CEO and billionaire investor Elon Musk has denied reports published by Reuters that the electric car company has scrapped plans to develop new low-cost models. Reuters first reported on Friday, citing three unnamed officials “familiar with the matter” and alleged company messages, that Tesla had abandoned a multi-year goal to bring a line of entry-level vehicles to the market, known as the Tesla Model 2. Costs for this new line of Tesla ca…

Bloomberg

Lean Left

Mixed Factuality

Individual: Michael Bloomberg

Private Equity: The Vanguard Group

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