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However, there was speculation about whether these were merely lower trims or entirely new lower-cost models. Reuters had previously reported that Elon Musk might have abandoned plans for a $25,000 Tesla vehicle—a claim Musk initially dismissed as "fake news," only for subsequent reports to confirm its eventual validity. Now, Robin's comments suggest that Tesla may indeed be reviving its lower-cost model strategy with actual new vehicles, rather than just trims, which could dramatically impact the company's market positioning and sales volume.