Tesla's $25,000 EV Vision Turns to Doubt

Tesla's $25,000 EV Vision Turns to Doubt
During Tesla's recent earnings call, CEO Elon Musk dismissed the long-anticipated $25,000 electric vehicle, labeling it 'pointless' and favoring the Cybercab robotaxi instead. This statement marks a significant shift from Musk's earlier assurances made in 2020 about the feasibility of a low-cost Tesla. Internal discussions revealed ongoing debates within Tesla about pursuing a manually drivable vehicle alongside the robotaxi, but recent reports indicate plans for the lower-cost model have been scrapped. The company now focuses on developing new affordable models, leaving many questions unanswered about their future offerings.