Tesla cancels plans for affordable car, raising questions about its strategy

  • 📰 malaymail
  • ⏱ Reading Time:
  • 10 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 86%

Business News

Tesla,Electric Cars,Affordable

Tesla has canceled its plans for an inexpensive car that was expected to drive its growth into a mass-market automaker. This decision goes against Elon Musk's longstanding goal of providing affordable electric cars for the masses.

Tesla has canceled its plans for an inexpensive car that was expected to drive its growth into a mass-market automaker. This decision goes against Elon Musk's longstanding goal of providing affordable electric cars for the masses.

The cancellation of the car represents a shift in Tesla's strategy and raises questions about the company's ability to compete with Chinese automakers who are offering affordable EVs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CAR

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla aims to ship Roadster EV sports cars next yearNEW YORK: Tesla will aim to ship its Roadster electric sports car next year, the electric vehicle maker’s CEO Elon Musk said on Wednesday.
Source: DailyExpress_MY - 🏆 3. / 83 Read more »