this post was submitted on 05 Nov 2024
116 points (95.3% liked)

Technology

34965 readers
153 users here now

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.

Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.

Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

founded 5 years ago
MODERATORS
MinutePhrase@lemmy.ml
116
Musk now says it's 'pointless' to build a $25,000 Tesla for human drivers (www.reuters.com)
submitted 2 weeks ago by geneva_convenience@lemmy.ml to c/technology@lemmy.ml
28 comments fedilink hide all child comments
 

Nov 5 (Reuters) - When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged. Chief Executive Elon Musk rushed to respond on X, his social-media network.

“Reuters is lying,” he posted without elaborating. Tesla’s stock recovered some of its losses.

Six months later, Musk appears to have backed into an admission that Tesla dropped its plans for a human-driven $25,000 car. He said in an Oct. 23 earnings call that building the affordable EV would be "pointless” unless the car was fully autonomous.

His latest remarks came in response to an investor asking: “When can we expect Tesla to give us the $25,000 non-robotaxi regular car model?”

Musk responded: “We’re not making a non-robo…,” before he was interrupted by another Tesla executive. Musk later added: “Basically, I think having a regular $25K model is pointless. It would be silly.”

you are viewing a single comment's thread
view the rest of the comments
[–] HiddenLayer555@lemmy.ml 24 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

"Bro full self driving is 5 years away bro trust me bro"

[–] TassieTosser@aussie.zone 6 points 2 weeks ago

$10,000 beta test