Tesla CEO Elon Musk refuted a Reuters report claiming that his automobile company is scrapping plans for a £19792.63 ($25,000) electric vehicle. The 52-year-old billionaire accused the outlet of "lying."
Reuters, citing three anonymous sources, reported that Tesla had abandoned its project for a low-cost electric car, codenamed Model 2. The Reuters folks, who claim to have reviewed internal Tesla documents, suggest the project is dead.
