https://x.com/elonmusk/status/1776275139010904525?s=61
Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competition:
"Entry-level Tesla car won’t be built, three sources tell Reuters- Tesla to focus on self-driving taxis instead, sources said
- Strategy shift comes as Tesla faces competition from China EV makers including BYD...
- Tesla shares were down by 6% in late morning trading after the Reuters report...
- Tesla did not respond to requests for comment."
- ...
- https://www.reuters.com/business/autos-transportation/tesla-scraps-low-cost-car-plans-amid-fierce-chinese-ev-competition-2024-04-05/