Musk denies report he’s abandoning masses with Tesla plan to scrap affordable line of EVs

Published



Tesla CEO Elon Musk blasted a report on Friday that his electric vehicle company has abandoned efforts to manufacture its “low cost family car” and instead shifted focus on developing its self-driving taxi.

Tesla’s reported axing of the inexpensive car could put a damper on investors’ plans to see the company become a mass-market automaker. 

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