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IPFS News Link • Transportation

Reuters Says The $25,000 Tesla Is Dead. Elon Says They're Lying

•, By: Mack Hogan

Reuters reported on Friday morning that the $25,000 affordable Tesla was dead. The outlet cited three sources and internal company messages, claiming that the project had been canceled but that development of an autonomous robo-taxi on the same platform would continue. But shortly after the report came out, Tesla CEO Elon Musk publicly denied the report. 

In a tweet to @ZeroHedge, Elon Musk said "Reuters is lying (again)." It is worth noting that Reuters is one of the most respected sources of business journalism in the world, and has a stellar reputation for reliability. Musk, on the other hand, is often more than willing to bend the truth to serve his own interests. He is especially unreliable when it comes to talking about timelines, features and specs of future products. That being said, it doesn't mean he's not telling the truth here.  

As @SawyerMerrit on X pointed out, this could be a communication issue. The robo-taxi and affordable Tesla were always supposed to be on the same platform, and it's possible that the company is prioritizing the autonomous version ahead of any human-driven model. Or the autonomous version could be the "affordable" Tesla, though I'm not convinced that anyone can build a fully autonomous car for less than the price of today's Model 3.