I’m Not Surprised Tesla Scrapped It’s $25,000 Model 2. Here’s Why.
The move makes perfect sense for Musk, not Tesla.
A few days ago, Reuters published a shocking article claiming that Tesla had scrapped its upcoming $25,000 mass-market EV, the Model 2, and is instead focusing on a robotaxi based on the same platform. These claims are far from unsubstantiated, as Reuters has four sources from inside Tesla, two of which were at the February meeting where this decision took place. This revelation worries many Tesla investors and backers, as the Model 2 was meant to be Tesla’s next significant growth phase, and Tesla is far from building a fully autonomous self-driving car. Musk is seemingly aware of the damage this revelation could have and tweeted (Xeeted?) in response to Reuters claiming they are lying. Considering Musk has peddled false conspiracy theories, published misleading videos, been promising self-driving cars are a year away for eight years, and Reuters is statistically the second most reliable source of news in the English-speaking world, I know who I believe. But if this pivot could do so much damage, why do it and try to cover it up? Well, when you understand how Musk views Tesla and the company’s problems, it all becomes crystal clear. Let me explain.
