GottaLaff,
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Exclusive: Tesla scraps long-promised low-cost car plans that investors have been counting on to drive its growth into a mass-market automaker ..amid fierce Chinese EV competition

Entry-level Tesla car won’t be built, three sources tell Reuters
• Tesla to focus on self-driving taxis instead, sources said
• Strategy shift comes as Tesla faces competition from China EV makers including BYD

https://www.reuters.com/business/autos-transportation/tesla-scraps-low-cost-car-plans-amid-fierce-chinese-ev-competition-2024-04-05/

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