Tesla's $25,000 EV plans scrapped as Musk calls it "pointless"

The Robotaxi will now be Tesla's most affordable vehicle

According to reports, Tesla has axed its highly anticipated Model 2 EV from its future plans.

The Tesla Model 2 was said to be in the works for a while now, meant to be the brand's entry-level offering with a price tag under $25,000. Instead, company CEO Elon Musk stated that Tesla will shift focus from the Model 2 to autonomous vehicles and the recently unveiled Cybercab.

Elon Musk even called the Tesla Model 2 EV "pointless." He stated, "I think we’ve made it very clear that the future is autonomous. I think having a regular 25k [dollar] model is pointless. It would be silly. It would be completely at odds with what we believe."

Tesla had earlier even released a teaser image of the Model 2. The Robotaxi will now be Tesla's most affordable vehicle, and as per Elon Musk, the Cybercab, once on sale, will have a price tag of around $30,000.

Source: AutoExpress