American businessman and investor, Elon Musk has announced on X (formerly Twitter) that he would reveal his robotaxi at an event on August 8.
Musk made his announcement a few hours after accusing Reuters of “lying” on the company’s intentions to abandon its $25,000 low-cost EV and devote all of its resources to a robotaxi.
According to a Reuters story published earlier, citing three unnamed people and internal papers, Tesla announced that it was giving up on its goal of producing a more affordable electric vehicle in favor of allocating its efforts on a robotaxi.