Musk’s denial that Tesla cancelled low-cost electric vehicle alarmed executives, sources say

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Musk’s denial that Tesla cancelled low-cost electric vehicle alarmed executives, sources say

theglobeandmail.com/business/international-business/article-musks-denial-that-tesla-cancelled-low-cost-electric-vehicle-alarmed

Some senior Tesla executives were alarmed last year when Elon Musk denied a Reuters report that the company had killed a planned all-new US$25,000 EV that investors had expected to drive explosive vehicle sales growth, according to people familiar with the matter.
“Reuters is lying,”…

This story appeared on theglobeandmail.com, 2025-06-02 13:06:09.