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Tesla scraps low-cost car plans amid fierce Chinese EV competition
- jqpabc123 3y agoTesla cars can be pricey but they are not what I would call sophisticated luxury items. Their design and workmanship leaves a lot to be desired. The overuse of the touch screen controls is just annoying and inconvenient if not downright dangerous. Basically, it sounds like he is surrendering the mass market to the Chinese.
- hsnewman 3y agoNot to mention the broken promises.
- jqpabc123 3y agoI forgot a lot of those as soon as I heard them. Musk comes with a continuous stream of BS that is not to be taken seriously.
- two_handfuls 3y agoYes. If they want to compete on the high end rather than just “cheapest car with an electric engine and decent range”, they still have a lot to learn.
- alephnerd 3y agoWelp, time to buy the Volvo/Geely EX30 (a reskinned Zeekr X) I guess. It was recently released here in the US, and the pricing is comparable if not slightly lower than a Tesla Model 3, and Geely's build quality has been good enough. > self driving taxis Interesting. I think they did poach some of the core CV team from Uber a couple years ago, but at this point I don't have high hopes.
- huytersd 3y agoThat seems like the exact opposite of what he should be doing right?
- meepmorp 3y agosounds like someone doesn't recognize the leadership of a visionary genius when they see it
- JumpCrisscross 3y ago“While Tesla spent years developing its highly experimental Cybertruck, a pricey electric pickup, Chinese automakers have raced ahead on affordable EVs, grabbing market share, gaining economies of scale…” TL; DR
- Tiktaalik 3y ago> “Elon’s directive is to go all in on robotaxi,” that person said. ah so they're really in desperation mode huh.
- jerlam 3y agoSo Tesla is abandoning the one the thing where they've shown competence, building good-enough EVs, profitably and at scale; in order to enter a market where competitors are already established, the legal requirements are high, and the public already has a sour opinion of the company. Sounds just like Twitter's pivot to offering phone calls and payments.
- phasnox 3y agoSeems like reuters is lying: https://twitter.com/elonmusk/status/1776272471324606778 https://twitter.com/elonmusk/status/1776272471324606778
- estarkio 3y agoThe word lying implies that Reuters was aware, either before or after publication, that their information is untrue, and they published that false information purposely and failed to correct it. On that basis, it doesn't seem like Reuters is lying. It seems like Reuters has been accused of lying, by someone with a history of misunderstandings with the truth. It may be the case that they have lied. That would be a pretty egregious act by Reuters. It may also be the case that Elon Musk has reason or incentive to cast doubt on the story whether it is true or not.
- belter 3y agoMusk vs Reuters. They can't be both right....Who to trust....
- two_handfuls 3y agoMusk has zero credibility left. I will believe Reuters said the truth, though of course plans can change.
- croes 3y agoSo Musk claims Reuters doesn't have sources and totally made that up? Of course the sources could lie but that would make them the liars. Seems to me Musk is pretty quick to call others liars, but he was also quick to call someone a pedophile.
- vardump 3y agoMusk denies this in his usual "colorful" style: https://twitter.com/elonmusk/status/1776272471324606778 https://twitter.com/elonmusk/status/1776272471324606778 Elon Musk @elonmusk · 2h Reuters is lying (again) So this is non-news.
- throwaway4good 3y agoThis is wild - even Tesla is giving up. FSD robotaxis are pie in the sky; it is not going to happen anytime soon, not going to justify Teslas valuation, and it is not at all guaranteed that it will be Tesla that succeeds with it first or capture the majority of the market.
- mlhpdx 3y agoI wonder if a Model 2 based taxi, robotic or not, will meet the low cost of operation needed? There seems to be a record of high repair cost and part scarcity that isn’t encouraging.