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Tesla 'scraps plan for affordable electric car'
- hunglee2 3y agoworth noting that Elon Musk disputes this claim but has not provided any further details on the rebuttal https://twitter.com/elonmusk/status/1776272471324606778 https://twitter.com/elonmusk/status/1776272471324606778
- bdjsiqoocwk 3y agoI wouldn't put much weight into anything Elon musk has to say.
- hunglee2 3y agoindeed, but it is noteworthy he has denied an accusation
- yareal 3y agoIt's really not. What Elon says is whatever is currently floating in his head or whatever he thinks will give him a stock boost. He's not credible with respect to his companies plans. It's happened like dozens of times when he says something well or will not happen, and it turns out he was just lying. The default stance of reading Elon today has to be, "this is probably a lie. Put no value in it until it is proven true".
- matthewdgreen 3y agoReuters claimed multiple sources and documents from project managers telling workers to wrap up the project and document it for "lessons learned." I tend to assume on a story of this importance Reuters is operating in good faith and the quotes from those documents aren't fabricated by the reporters. And those quotes seem pretty definitive. This doesn't mean the reporters understood everything. Musk could easily have disputed the reporting by providing that extra context (e.g., "we changed the project name, Reuters is simply taking some isolated emails out of context") but he chose not to do that. I'm generally open to the idea that Reuters got something wrong, but the claim here isn't that: I'd have to believe that Musk is credible and Reuters is deliberately lying.
- deleted 3y ago[deleted]
- asadotzler 3y agoNo. It's not noteworthy. It's SOP.
- abracadaniel 3y agoHe then went on to confirm half of the article by announcing an upcoming robotaxi “unveil”.
- paxys 3y agoNot really notable IMO. At this point Reuters has infinitely more credibility than Elon Musk's Tweets.
- dzhiurgis 3y agoThey’ve been caught lying about Tesla and Spacex over and over and they are credible? What sort of alternative reality are you living in?
- WheatMillington 3y agoWhat lies has Reuters published about Tesla and SpaceX?
- chipdart 3y agoHow many bait-and-switch cases has Tesla so far been caught with? The self driving car promise is perhaps the longest running claim.
- bdjsiqoocwk 3y agoI find it confusing that people like the Nikola guy have been charged with fraud, but Elon musk hasn't.
- reducesuffering 3y agoWell Nikola never made a single model past a few prototypes, while the Model Y was the world's best selling car model, for starters...
- matthewdgreen 3y agoIt's simultaneously true that Tesla has delivered some very nice cars, and that they haven't been able to deliver a fully-autonomous "full self driving" experience. That's why it's so weird that they're (apparently) abandoning their plans for an affordable EV and going all in on robotaxis.
- chipdart 3y ago> That's why it's so weird that they're (apparently) abandoning their plans for an affordable EV and going all in on robotaxis. Tesla's track record of bait-and-switch promises and lack of credibility leads me to believe they do not have anything to show for, and the robotaxi claim is yet another desperate attempt to keep the stock prices afloat.
- windexh8er 3y agoSold on promises that have never been delivered. And they're still selling "FSD" for an insane amount. Elon seems to be America's favorite grifter at the moment.
- 3y ago
- vsskanth 3y agoIf it is indeed true, it's worth seriously analyzing why they didn't feel they could make a business case for a low-priced EV. In the US, Tesla was probably best positioned to make this work considering their margins and scale. It's obviously not impossible to do as demonstrated by Chinese OEMs, but would be interested to know if there are other factors specific to Western markets that make this difficult to achieve.
- paxys 3y ago> It's obviously not impossible to do as demonstrated by Chinese OEMs Correct, but these Chinese OEMs have also demonstrated that it is effectively impossible to go head-to-head with them and compete on cost and scale. There's nothing Tesla can bring to the table on the low end that BYD can't do 10x better and quicker.
- gibbitz 3y agoThus the finger on the scale in the form of buyer tax breaks and import tariffs. Tesla, like most American companies, is a welfare queen.
- Teever 3y agoThen what are Chinese companies that are owned by the Chinese state? The whole paradigm of tax break sucking welfare queen loses all meaning when you're talking about the kind of corporate/government incest they you're looking at with Chinese companies.
- paxys 3y agoThe difference is that in China the state owns these companies, whether in part or entirely. In the USA these companies get public funding but the public gets nothing in return.
- Teever 3y agoYou're implying that the Chinese people get a better deal out of their social contract with the Chinese state than the American people get with theirs? That's gonna be a 'press x to doubt' from me dawg.
- scudsworth 3y agoarchive link: https://archive.ph/ewpvS https://archive.ph/ewpvS between this and the robotaxi thing, woof.
- rchaud 3y agohttps://archive.is/ewpvS https://archive.is/ewpvS
- ein0p 3y agoWhat’s interesting is that in 2024 the press is totally OK with even dropping “allegedly” for the people it doesn’t like, even though there’s zero evidence for any such “scrapping of plans”