08 Apr 2024 | Tesla Confusion Over Musk’s Reponse To Reporting, Kia Commit To An EV Future and More Rapid Charging Milestones
EV News Daily - Technology and Business of EVs
Martyn Lee
4.8 • 749 Ratings
🗓️ 8 April 2024
⏱️ 33 minutes
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Transcript
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| 0:00.0 | Welcome back to EV News Daily coming up today. Tesla confusion over Musk's response to reporting. |
| 0:05.7 | Kia is committing to an EV future and more rapid charging milestones. Plus, stay tuned because later |
| 0:10.7 | in the show, I'll tell you what the leading EV adopter, Norway is saying about incentives to go electric. |
| 0:15.7 | Well, good morning, good afternoon or good evening. Wherever you are in the world, it's EV News Daily, |
| 0:19.0 | your trusted source of EV information for Monday 8th of April. |
| 0:22.3 | I'm Martin Lee, and I go through every EV story, so you don't have to. |
| 0:25.8 | We're live at 5pm UK, that's midday Eastern, but Patreon supporters get the episodes |
| 0:29.7 | as soon as they're ready and ad-free. |
| 0:31.6 | Be like them by clicking on a link in the show notes. |
| 0:33.8 | Well, Tesla has reportedly halted its project to develop an affordable EV with plans |
| 0:38.3 | diverted towards Robotaxy technology, as per a Reuters report that broke pretty late in the day |
| 0:44.6 | on Friday just before we started to wind down for the weekend. Well, the decision to discontinue |
| 0:51.1 | the budget EV was communicated during a late February meeting. |
| 0:55.5 | According to this Reuters report, with numerous Tesla employees in attendance, internal communications reviewed by Reuters, instructed employees to delay informing suppliers about the program's cancellation, additional messages directed staff to instruct suppliers to cease activities |
| 1:12.6 | related to this budget model, known externally as H422 and with the internal code name NV-91. |
| 1:22.6 | Well, Tesla's stock experienced a partial recovery late in the day on Friday, following the CEO Elon Musk's |
| 1:29.6 | denial via his social media network X. But unfortunately, it was just a simple denial of the entire |
| 1:36.7 | article, which said that robotaxies would be the focus rather than the affordable, so-called |
| 1:43.3 | model two. Well, that was a less useful response. If you ask me, the focus rather than the affordable so-called Model 2. |
| 1:44.7 | Well, that was a less useful response, if you ask me, from the CEO, denying it completely. |
| 1:50.9 | So is the whole story wrong? |
| 1:52.6 | Is it just wrong that we were going to get access for the public to buy an affordable car? |
... |
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