Tesla stock dips following Reuters report, but Elon Musk dismisses article claims
) CEO Elon Musk dismissed a report by Reuters on Friday that the electric vehicle company has canceled its low-cost car plans.
Investors had been hoping that Tesla would build a more affordable model to drive growth. Despite the article suggesting the longstanding goal has been abandoned, Musk said the article was false. Replying to a tweet reporting the news on his X platform, Musk wrote:"Reuters is lying ." In January, Tesla CEO Elon Musk said the electric vehicle giant intended to start production of the affordable model in the second half of 2025. The entry-level vehicle was expected to start at about $25,000.People are realizing more & more how big name "news" companies have left wing bias and actually do hit pieces on people when their political masters tell them to.Please change the story in this, since Elon has said it is false news.
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