Tesla gives up on plans to build a low-cost car - report

Elon Musk has long said that the holy grail of popularizing EVs was coming from Tesla with a car that would cost as little as $20,000.That dream now appears to be dead. Reuters reports that Tesla has cancelled plans for a low cost car.More to come. This article was written by Adam Button at www.forexlive.com.

Tesla gives up on plans to build a low-cost car - report

Elon Musk has long said that the holy grail of popularizing EVs was coming from Tesla with a car that would cost as little as $20,000.

That dream now appears to be dead. Reuters reports that Tesla has cancelled plans for a low cost car.

More to come. This article was written by Adam Button at www.forexlive.com.