Tesla has decided to abandon plans for a $25,000 electric vehicle, with Elon Musk emphasizing that the future focus will be on autonomous vehicles instead, considering a cheaper model 'pointless'. Despite skepticism about the timeline for full autonomy, Tesla remains committed to developing a robotaxi expected to be available by 2026. Financially, Tesla exceeded Wall Street's expectations in its Q3 earnings report, seeing a rise in stock prices and increased gross margins, though revenue was slightly below forecasts. The company has announced plans to release more affordable models by 2025, though specifics are still unclear. Meanwhile, Tesla and Elon Musk face a lawsuit from Alcon Entertainment over alleged copyright infringement during the Robotaxi event, where imagery resembling scenes from 'Blade Runner 2049' was used without permission. Musk's remarks on the situation reflected his admiration for the film, despite the legal controversy.