Connect with us

Hi, what are you looking for?



Elon Musk shifts his attention from affordable Teslas to self-driving robo-taxis

Elon Musk attends the official opening of the new Tesla car (Via Joanne Baker/Getty images)

Elon Musk’s goal to make electric vehicles (EVs) accessible to everyone, similar to Henry Ford’s Model T, has hit a snag. Musk denied these claims, saying they were wrong but not explaining how.

The uncertainty about Tesla’s change in strategy is causing problems for people who want to buy EVs and for the Biden administration.

The International Council on Clean Transportation says we need EVs that cost different amounts to get more people using them.

Even though EV prices are going down in the U.S., they still cost about $5,000 more than the average price of a new car. Musk wanted to sell a $25,000 Tesla to shake up the market, but Tesla kept focusing on expensive features, so their cars stayed expensive.

Some experts think Tesla should stick with selling to richer people, like Apple does with its fancy products.

Tesla Logo (Via Clark Harvey/Shutterstock)

In China, you can buy cheaper EVs, but they don’t go as far or have as many features, so they’re not as popular in Western countries.

Chinese carmakers are a big challenge around the world, and Ford’s CEO wants to fight back with a new cheap EV project in California.

Both President Biden and former President Trump want to stop cars from China coming to America because of security worries. But if there aren’t cheaper EVs, Biden’s plan to have more than half of new cars be electric by 2030 could have problems.

There aren’t many cars that cost less than $20,000, and they only made up 0.4% of new cars sold last year. General Motors stopped making its cheap EV, the Chevrolet Bolt, which made the problem worse.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


Rudy Giuliani, who served as mayor of New York City and as an attorney for Donald Trump, was formally processed on Monday as part...


Two men have been found guilty for their involvement in an armed standoff on a busy Massachusetts highway in 2021. The incident, which lasted...


Stocks fell and Treasury yields rose sharply on Friday after the government released a jobs report with higher-than-expected numbers. The report suggests that markets...


A man who crashed a stolen police car, survived gunfire from 11 police officers, and then crashed another police vehicle — all while wearing...