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Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competition (www.reuters.com)

submitted 4 months ago by [email protected] to c/[email protected]

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Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters.

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[–] [email protected] 1 points 4 months ago

Tesla shorts are going to enjoy this.

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