When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged. Chief Executive Elon Musk rushed to respond on X, his social-media network.
“Reuters is lying,” he posted, without elaborating. Tesla’s stock recovered some of its losses.
Six months later, Musk appears to have backed into an admission that Tesla dropped its plans for a human-driven $25,000 car. He said in an Oct. 23 earnings call that building the affordable EV would be "pointless” unless the car was fully autonomous.
So we shouldn’t build rail because its gonna hurt some capitalist’s profits. Got it.
No, you shold realize that in America one does not simply ‘vote for a railroad’ unless you have the money to contend with the auto industry. But we both know you understood this, so why feign ignorance to misrepresent it?