June 6, 2025

tesla $25

Investors

tesla elon musk: Did Elon Musk mislead investors about Tesla’s future EV plans? What you need to know

Some senior Tesla executives were alarmed last year when Elon Musk denied a Reuters report that the company had killed a planned all-new $25,000 EV that investors had expected to drive explosive vehicle sales growth, according to people familiar with the matter. “Reuters is lying,” Musk had posted on X, minutes after the story published

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