Tesla quietly kills model it teased just last year, for now

People waiting for this new Tesla model will have to keep waiting.

Apr 24, 2025 - 14:20
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Tesla quietly kills model it teased just last year, for now

Tesla investors got the good bit of news they were looking for Tuesday afternoon when CEO Elon Musk announced that he would be increasing his time at Tesla while scaling back his involvement at the Department of Government Efficiency. 

The agency tasked with finding waste, fraud and abuse in the government has a great foundation, according to Musk, and so it's time for him to hand the reins off to someone else to lead the effort.