Behind Tesla's sleek electric vehicles lies a high-voltage boardroom clash. Senior executives reportedly confronted Elon Musk last year after he publicly denied killing plans for a $25,000 EV—a project investors saw as crucial for mass-market dominance. ⚡
The drama unfolded in April 2024 when Musk tweeted "Reuters is lying" about the canceled Model 2, halting a stock freefall. But insiders reveal the low-cost car had already been scrapped weeks earlier, with Tesla shifting focus to self-driving robotaxis. 🤖
"Did you change your mind?" managers asked Musk, confused by his social media reversal. Spoiler: He hadn't. The cancellation stuck, leaving Tesla without its promised affordable EV as rivals like BYD accelerate. 🏎️💨
Chinese automaker BYD—now outselling Tesla in Europe—is dominating the budget EV race with its $10K Seagull. Meanwhile, Tesla faces pressure from aging models and global sales dips. 📉
While some execs shrugged off Musk's tweet as strategic flexibility, others saw it as a missed opportunity. One year later, Tesla still hasn't delivered the "pivotal" Model 2, leaving investors wondering: Is the EV revolution stuck in neutral? 🔋
