There is a report that says that the low-cost electric vehicle option will be canceled by the company

Company's share fell 6pc following reported changes before partially recovering. Company’s share fell. 6pc after reported changes but partially recovered. Elon Musk denies axing entry-level Tesla car. Company's stock market share has fallen 6pc since the reports were made public.

Tesla CEO Elon Musk denies report that Tesla will cancel its electric vehicle option. He offered no details of the report. Musk: "Reuters is lying (again) again. Reuters published the report on X on Friday after Reuters published its report—though he offered no further details.

Tesla is pushing a free one-month trial of its FSD Beta driver-assistance software to US customers. The push comes at the end of the quarter, and as Tesla is set to go to trial in a fatal crash case involving a fatal 2018 crash. Tesla is also going to go on trial in the case involving the fatal crash of a 2018 Model X.

Tesla CEO Elon Musk sent an email to employees on Monday informing them they have to show customers how to use "FSD" before making delivery in North America. Elon Musk requires ‘FSD’ demo for every prospective Tesla buyer in the U.S. Musk also requires a demo for all prospective buyers.