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Elon Musk Denies Report Tesla Is Scrapping Less-Expensive Car

(Bloomberg) -- Tesla Inc. shares pared a steep drop in intraday trading after Chief Executive Officer Elon Musk denied a report saying the carmaker had called off plans for a less-expensive vehicle.Most Read from BloombergNY Region Rattled by 4.8 Magnitude Quake, Biggest in 140 YearsTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionZimbabwe Announces New Currency Called the ZiG, Backed by GoldTurkey Joins NATO Allies in Suspending Europe Arms TreatySaudi Crown Prince MBS’s $...
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Source: yahoo.com

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