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Tesla is introducing a robotaxi on August 8, Elon Musk has announced<\/a> on X a few hours after Reuters<\/em> published a report that the automaker is scrapping its plans<\/a> to produce a low-cost EV. Reuters<\/em> also said that Musk’s directive was to “go all in” on robotaxis built on the company’s small-vehicle platform. Tesla has been promising a more affordable EV with prices expected to start at $25,000 for years<\/a>, and Musk said as recently as this January that he’s optimistic the model will arrive in the second half of 2025<\/a>. In response to the report, the Tesla chief tweeted<\/a> that “Reuters is lying (again).”<\/p>\n He didn’t clarify which part of the report was a lie, but considering he confirmed that Tesla is unveiling a robotaxi, he likely meant the news organization’s claim that the company pulled the plug on a more affordable EV. At the moment, Tesla’s cheapest vehicle is the Model 3, but its prices start at $39,000. It’ll be interesting to see how the company will make a robotaxi work with its camera-only system \u2014 it dropped<\/a> radar and other sensors, which robotaxi companies like Waymo use extensively, from its driver assistance technologies a few years ago.<\/p>\n Tesla Robotaxi unveil on 8\/8<\/p>\n \u2014 Elon Musk (@elonmusk) April 5, 2024<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n\n