Cars: Tesla shares dip on report it's scrapping plans to build affordable EV

Elon Musk's Tesla is canceling plans to build an inexpensive car, per Reuters. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

Advertisement Read in browser Cars Sat Apr 6 2024 Tesla shares dip on report it's scrapping plans to build affordable EV Elon Musk's Tesla is canceling plans to build an inexpensive car, per Reuters. READ MORE Advertisement Are flying cars a real possibility to disrupt travel? Attitudes toward Advanced Air Mobility – that's a fancy term for flying cars and other personal flying vehicles – have shifted. READ MORE From fast cars to speed boats, what are your picks for best in show? For high-octane fun, where are the best car shows, air shows, boat shows, NASCAR tracks and more? We invite you to weigh in with your favorites. READ MORE Hyundai, Kia repairing 3.3 million cars 7 months after recall Seven months after 3.3 million Hyundai and Kia vehicle were recalled, the automakers are working to repair the issue. READ MORE See the top 10 cars, trucks and SUVs for 2024 See the cars, trucks and SUVs that made Consumer Reports' latest top 10 picks list that highlights some of the best of 2024. READ MORE Until EV makers give what people want, sales will dim, Edmunds says A wide gap between what shoppers want in an EV and what's for sale will keep EV sales depressed, Edmunds says. Here's where the biggest mismatches are. READ MORE Tesla shares drop after deliveries fall more than expected Tesla shares dipped Tuesday after the Elon Musk-owned electric car company missed first-quarter delivery estimates. READ MORE Kia, Subaru, Ford, BMW, Kawasaki among 551k recalled: See recent recalls The NHTSA recently announced recalls for 551,211 vehicles. This includes Kia, Subaru and Ford cars as well as Kawasaki and BMW motorcycles. READ MORE One 2024 EV to rule them all: Tesla Cybertruck vs. Rivian R1T vs. Ford F-150 Lightning. Who wins? We test the Cybertruck's mettle against two prime painted-pony rivals and find stark differences and a reality that contradicts some Tesla claims. READ MORE Kia recalls 42,407 Telluride vehicles: See if yours is on the list Kia is recalling certain 2020-2024 vehicles for a potential rollaway risk while the cars are in park. READ MORE All of the headlines, none of the chaos. Learn daily with The Excerpt, a podcast from USA TODAY. LISTEN NOW Sign up for the news you want Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. SEE ALL NEWSLETTERS ➔ Advertisement Follow Us Problem viewing email? View in browser Unsubscribe  •  Manage Newsletters  •  Terms of Service  •  Privacy Policy/Your California Privacy Rights  •   Privacy Notice  •  Do Not Sell My Info/Cookie Policy  •  Feedback