TECH - 'Don't Always Believe What You Read:' Tesla Chief Designer Says 'Just Stay Tuned' About Low-Cost Car Development After Musk Rubbishes Rumors | Benzinga
Tesla, Inc. (NASDAQ:TSLA) faced selling pressure on Friday following a Reuters report suggesting plans to scrap its sub-$30,000 car. However, CEO Elon Musk promptly denied the report, while a notable figure at the company delivered a cryptic response.
What Happened: During a panel discussion at the Petersen Auto Museum, Tesla Chief Designer Franz von Holzhausen addressed queries about the proposed low-end EV.
When asked if the project had been abandoned or deprioritized, von Holzhausen intriguingly remarked, “I would just say stay tuned. Don't always believe what you read.”
The exchange was captured in a video clip shared by a user on the X platform.
Franz @woodhaus2 on the new rumored $25,000 future Tesla pic.twitter.com/eAK7u3wxUI — Zack (@BLKMDL3) April 7, 2024
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