On Tue, 3 Jun 2025 07:43:02 -0600, Retrograde
<
[email protected]d> wrote:
Translation - Cash flow issue....any new model, like the killed Model
2 requires $$$ for adapting assembly line, etc., etc.
No, there's quite a bit of press about this.
Jul 24, 2024 -- BYD has said it has no plans to sell vehicles such as
its Tesla-styled Han EV sedan in the states.
https://www.capitalone.com/cars/learn/finding-the-right-car/can-i-buy-a-byd-car-in-the-united-states/3408
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So, apparently, Tesla believes not enough sales for US model only, but
will produce self-driving robotaxis...on same framework. A robotaxis
would be scaled back to the basics.
==================================
Tesla has canceled the long-promised inexpensive car that investors
have been counting on to drive its growth into a mass-market
automaker, according to three sources familiar with the matter and
company messages seen by Reuters.
The automaker will continue developing self-driving robotaxis on the
same small-vehicle platform, the sources said.
...
...
The stark reversal comes as Tesla faces fierce competition globally
from Chinese electric-vehicle makers flooding the market with cars
priced as low as $10,000. The plan for driverless robotaxis, which
could take longer to deliver, presents a stiffer engineering challenge
and more regulatory risk.
Two sources said they learned of Tesla's decision to scrap the Model 2
in a meeting attended by scores of employees, with one of them saying
the gathering happened in late February.
"Elon's directive is to go all in on robotaxi," that person said
https://www.reuters.com/business/autos-transportation/tesla-scraps-low-cost-car-plans-amid-fierce-chinese-ev-competition-2024-04-05/
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