01:43 PM EDT, 05/23/2024 (MT Newswires) -- Tesla (TSLA) Chief Executive Elon Musk on Thursday mostly avoided questions pertaining to his commitment to bring a low-cost electric vehicle to market, Bloomberg reported.

In response to an inquiry about whether President Joe Biden's tariffs on Chinese electric vehicles would make it easier to bring a cheaper EV to market, Musk said at the VivaTech conference that it's difficult to answer questions about a public company that are "of such a significant nature," Bloomberg reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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