Categories: Cars

Elon Musk: $25,000 Car “Completely At Odds With What We Believe”

Tesla has given up on the long-rumored $25,000 EV, according to CEO Elon Musk. On a recent earnings call, Musk said that Tesla is focused on autonomous vehicles and called the affordable production model “pointless.”

A person on the call asked Musk when people could expect the $25,000 EV, which got him talking about autonomy and how Tesla was heavily focused on it. “I think we’ve been very clear that the future is autonomous,” he said. “Basically, having a regular $25k model is pointless. It would be silly. It would be completely at odds with what we believe.”

Tesla can focus on autonomous cars all it wants, but there are significant hurdles to cross before anything even slightly resembling a self-driving car is ready for the market. Most believe that Level 5 autonomy—the advanced level required for a vehicle to operate on its own—could be as much as a decade out, and that’s before we get into whether states will allow such vehicles on public roads.

Taken at face value, Musk’s comments demonstrate that Tesla views robotaxis as the wave of the future, but they also cast some doubt on the automaker’s long-awaited Roadster. How much longer will the company string reservation holders along before giving up on the project? After all, we’ve seen no indication that it’s anywhere near ready for release, so why would Tesla continue sinking resources into a vehicle that would also “be completely at odds” with what it believes?

[Images: Tesla]

Become a TTAC insider. Get the latest news, features, TTAC takes, and everything else that gets to the truth about cars first by  subscribing to our newsletter.

Source: The Truth About Cars

WBN

Share
Published by
WBN

Recent Posts

One Piece’s Anime Sets Sail Again in April

2025's going to be a year of One Piece, and kicks off with the anime…

15 hours ago

Elsbeth Season 2 Midseason Report Card: Murders, And Heists, And Bucket Hats, Oh My!

Do you think The Good Wife writers knew they had a fan-favorite character on their…

15 hours ago

James Bond’s Future Is Being Shaken Up by Corporate Clashes

Turns out, things aren't quite rosy for James Bond: the Broccolis and Amazon MGM can't…

15 hours ago

Your Keurig Coffee Pods Are Never Getting Recycled

A company is betting on aluminum to solve K-cups’ sustainability problem. Experts say it’s complicated.

16 hours ago

Ricoh Pentax in 2024: DSLR Woes, Compact Triumphs, and the Return of Film

What a fittingly unusual year for Ricoh Pentax, a photo company that itself is quite…

16 hours ago

BMW M8 Coupe to End Production in Early 2025: No MY26 Version Planned

A recent bulletin sent to BMW dealers confirms that production of the iconic BMW M8…

16 hours ago