Tesla risks losing its lead without an inexpensive EV

Elon Musk’s decision to green light a robotaxi over an affordable EV might cost the company its lead.Last week, Musk reportedly canned the effort in favor of a robotaxi, the sort of pie-in-the-sky project that defined his first decade at the helm. There’s an argument to be made that the company is where it is today by betting big, then delivering on enough of its promises to impress shareholders and generate significant positive cashflow. Problem is, in the early days, there was both everything and nothing ...