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When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, ...

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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.