Billionaire Tesla owner Elon Musk accused Reuters of lying after the outlet reported on Friday that Tesla scrapped its plans to make low-cost electric vehicles and will focus on developing robo-taxis.
Reuters, which cited multiple anonymous sources and “company messages,” wrote that Tesla was abandoning its promise to begin producing cheaper EVs as soon as 2025. After the report was published, Tesla’s stock dropped by as much as 6.2% before it began to make a small climb back toward where it opened on Friday just shy of $170 per share.
“Reuters is lying (again),” Musk said in reply to a post on his social media platform X.
Reuters is lying (again)
— Elon Musk (@elonmusk) April 5, 2024
Later, Musk reposted a chart showing the decrease in Reuters’ monthly and yearly website traffic.
“Reuters is dying,” the Tesla owner wrote.
Since as far back as 2018, billionaire Tesla owner…
