Elon Musk says Reuters 'lying' in reporting Tesla scrapped plan for low-cost car

Tesla CEO Elon Musk accused Reuters of "lying" on Friday after the outlet reported the electric vehicle behemoth is abandoning its long-touted plans to produce a budget-friendly starter car. Citing three unnamed "sources familiar," Reuters reported that Tesla has scrapped its initiative to roll out an inexpensive car for the masses, purportedly called Model 2, that was expected to start at $25,000. The outlet said it had reviewed several internal Tesla documents confirming the project's demise. In reaction ...