They're not cancelling the model 2 - they're delaying next gen platform and introducing a new intermediate platform based on the 3/Y platform with some of the g

They're not cancelling the model 2 - they're delaying next gen platform and introducing a new intermediate platform based on the 3/Y platform with some of the good stuff from next gen thrown in. They're doing this so they can start selling the model 2 in late 2024 (Elon time, adjust as you see fit). Next gen is now 2026 rather than 2025 (again, Elon time).