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Tesla scraps its plan for a $25,000 Model 2 EV (arstechnica.com)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 7 months ago (4 children)

I can’t speak to whether this is true, but Musk did later that day announce that the Robotaxi release will be August 8th, which he’s always said is going to be on the same platform. I don’t see why they wouldn’t also make the “model 2” once they are to scale since not all people want to use / will trust robotaxi at first. But any announcements they make on this car before they can actually deliver will take sales away from their models available now.

[–] [email protected] 14 points 7 months ago

Musk says a lot of things that aren't true

[–] [email protected] 9 points 7 months ago

8/8 for all his Nazi followers.

[–] [email protected] 3 points 7 months ago

Autonomous driving has always been his go-to pump when the stock price drops.

[–] [email protected] 1 points 7 months ago* (last edited 7 months ago)

Right, everyone needs to chill out and realize this is all rumor. You shouldn’t trust any of it too much.

Musk is probably saying what they do intend to do, whether they can do it on time or not, or risk another visit from SEC
cancelling model 2 is a rumor from unknown source that may or may not be true
even if it’s true, it may mean cancelling a specific project but doesn’t mean the goal has changed
even if it’s true, it may mean focussing on robotaxi first, and not necessarily change overall goals
even if it’s true and they realized they can’t compete in that segment profitably, there may be an alternate or changed plan we don’t know about yet

Right now it’s almost more entertainment value than actually what will happen, so let’s all sit around and gossip, but not expect it to mean much.

Here’s my contribution to the rumor mill: given the cost of FSD added to existing vehicles, a robotaxi would be more expensive and higher profit. Of course they’d want to do that first. It also fits with the Tesla long term strategy of starting with high cost vehicles first, to help fund mass market vehicles later, and over-optimistic technology ambitions. You heard it here first, absolutely guaranteed to be true by this random internet user, and with no basis in reality, the plan is to use robotaxi to pay for the development and factory for Model 2