Tesla Inc (TSLA)

[boston745]

Elon Musk Denies Report Tesla Is Scrapping Less-Expensive Car

The stock fell as much as 6.2% on Friday after Reuters said Tesla had canceled the project, citing anonymous sources and company messages it had reviewed. Shares were down 1.3% as of 1 p.m. Friday in New York.

“Reuters is lying,” Musk wrote on X, without offering specifics. In another post, he responded with an eyes emoji to a Tesla investor who speculated that Tesla was shifting more resources toward trying to bring a robotaxi to market.

Just to interpret what has happened here, Musk says Reuters is lying in its article indicating Tesla has cancelled its less expensive vehicle. However Musk statement is too ambiguous. He doesnt specify what Reuters is lying about. Sort of like articles that indicate that FSD caused an accident and Musk says it was not FSD, turn out to be caused by autopilot. Musk need to specifically identify what Reuters is "lying" about in their article for us to know what they might be incorrect on.

Also, a "Tesla investor" speculated that Tesla was shifting resources to Robotaxis for which Musk replies with eyes emoji. That is not confirmation of anything and looks like Tesla is trying to distract from the fact its cancelling its plans on the less expensive vehicle, at least partially. Damage control, control the narrative.

https://finance.yahoo.com/news/elon-musk-denies-report-tesla-155442817.html

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Hutchison Effect & Teslas Whompy Wheel issue

Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.

https://www.reuters.com/investigates/special-report/tesla-musk-steering-suspension/

The exact cause of the Hutchison Effect is unknown in public spheres as it is classified under national security. However the most likely culprit seems to be a combination of electromagnetic sources coming together in a way to change the makeup of metals leading to their rusting, softening, fracturing, complete breaking, even dustification. Keep in mind the degree of metal materials that are within our buildings and infrastructure...even in concrete. Maybe this is why we are seeing an increase in building and bridge collapses?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172987494