A recent report reveals Tesla has abandoned plans for its affordable mass-produced EV, previously known as Model 2, opting to focus on a robotaxi EV. This pivot raises doubts on Tesla's capability to deliver a $25,000 EV.
Tesla's decision to cancel the affordable EV can be attributed to competition pressures from companies like BYD, specifically highlighting BYD's aggressively priced Seagull below $10,000. Tesla might now shift focus towards autonomous driving and robotaxi models.
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