Reuters just reported that it was told by three sources that Tesla is scrapping its entry level affordable electric vehicle as it's facing competition from the Chinese EV makers including BYD and will instead focus on future ways of transportation, which I am about to discuss with you in details.

Tesla did not respond to requests for comment. After the story was published, Musk posted on his social media site X that "Reuters is lying (again)." He did not identify any specific inaccuracies.

Armen Hareyan is the editor of Torque News automotive news and you can visit us at https://www.TorqueNews.com

Reference
Reuters https://www.reuters.com/business/auto...

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