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Tesla halts production of Model 2 to focus on Robotaxi, reports say
TeslaTesla(US:TSLA) Invezz·2024-05-13 23:32

Tesla Inc., under the leadership of CEO Elon Musk, has reportedly canceled the nearly completed production of its anticipated low-cost electric vehicle (EV), the Model 2, according to a report by The Information released on Monday.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This decision comes as a surprise as the vehicle was nearing the end of its development phase. Tesla’s engineering challenges and strategic pivotCopy link to sectionSources clo ...