> “I think having a regular $25,000 model is pointless,” Musk said a few weeks ago. “It would be silly.”
ROTFLMAO!
Says the richest person in existence. What an entitled nasty person.
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I don't think its reasonable to read Musk's statement as "the Model 2 isn't happening". Its more accurate to read it as "it might cost more than $25,000".
[1] https://fortune.com/2024/10/24/tesla-model-2-affordable-car-...
Obviously it might be pointless for a company like Tesla, as it might not favour their financial numbers.
It is actually a phenomenon going on specially with European brands. They have abandoned low margin cars, it is, cheapest segments, to improve their financial performance numbers (ROIC...)
* That was mentioned during Tesla's earnings call in October this year, in the context of the shift of strategy towards FSD and the Robotaxi.
Sure, but they've been saying full self driving is "next year" for a decade in a row. I take that with a large grain of salt. https://jalopnik.com/elon-musk-promises-full-self-driving-ne...
Ask yourself this: I bet you a thousand dollars that Tesla will release either a lower cost model or a lower cost trim of an existing model before the end of 2026. Would you take the other side of that bet?
That's directionality. Deadlines might get missed. I'm talking about directionality.