Tesla apparently giving up plans for a cheap electric car. In 2006, Tesla announced that it wanted to develop a “cost-effective family car’ The company is thus abandoning a long-standing goal that Tesla boss Elon Musk often described as its main task: producing affordable electric cars for the masses.

The automaker will therefore continue the development of self-driving robotaxis on the same platform for small vehicles, the sources said. Musk said four years ago that Tesla wanted to sell 20 million vehicles by 2030 - twice as many as the world's largest automaker Toyota sells today.