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When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, ...
Tesla CEO Elon Musk confirmed the company has scrapped its plan for a $25,000 electric vehicle for human drivers, stating the ...
boom to a $10 trillion valuation by 2030. Should that forecast prove correct, the semiconductor company would be worth more than what Apple, Microsoft, Amazon, and Tesla are currently worth combined.
Musk later added: “Basically, I think having a regular $25K model is pointless ... For several years, Tesla had a goal of producing 20 million vehicles a year by 2030, more than tenfold what ...