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TSLA
Reuters
78 days

Exclusive: Tesla executives questioned Musk after he denied killing $25,000 EV project - sources

1. Elon Musk denied reports of a canceled $25,000 EV that worried Tesla executives. 2. This EV was anticipated to significantly boost vehicle sales growth.

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FAQ

Why Bearish?

Killing a low-cost EV undermines TSLA's growth strategy, reminiscent of past delays that impacted stock.

How important is it?

Plans for affordable EVs are critical for TSLA's market capture—failure to deliver could hinder growth.

Why Short Term?

Immediate investor concern over sales potential and market competition could affect short-term stock prices.

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