Tesla founder Elon Musk has described the use of selling electric vehicles for under $25,000 (£19,274) as “pointless” and “silly”, while seemingly scrapping a long-rumoured cheaper model. The owner and CEO of Tesla recently spoke about the development of manufacturing low-cost electric cars that would compete with more affordable EVs already on the market. He said that making a car with a manual or automatic transmission would “not be as good” as a dedicated autonomous car. Responding to a question during the Q3 Tesla Financial Results call, the billionaire said: “We’re rapidly evolving in man…
