So Tesla’s entire strategy Elon was working was just abandoned.
Continues down the pathway that Tesla is just going to fade to irrelevance.
Tesla scraps its plan for a $25,000 Model 2 EV
Submitted 7 months ago by misk@sopuli.xyz to technology@lemmy.world
https://arstechnica.com/?p=2015231
Comments
DingoBilly@lemmy.world 7 months ago
tsonfeir@lemm.ee 7 months ago
Already has.
Thorny_Insight@lemm.ee 7 months ago
Judging by the amount of their vehicles I’m seeing on the roads I’m suspecting they’re going to fade into irrelevance like iPhones.
Squizzy@lemmy.world 7 months ago
Its not a like for like comparison. People change car brands all the time, there is very little environment or peripherals to be tied to.
PriorityMotif@lemmy.world 7 months ago
It happened to Blackberry, everyone had one of those until iPhone came out. IBM used to be the most common PC brand. Everyone used to drive minivans. Markets shift all the time.
BruceTwarzen@kbin.social 7 months ago
All their cars are 25000 dollar evs. They just sell them for 4 times that amount.
Toes@ani.social 7 months ago
Yeah, imagine buying a car that breaks down in the rain.
poopkins@lemmy.world 7 months ago
Whoa, the owner acknowledged that the weather was to blame, not Tesla?!
heavy@sh.itjust.works 7 months ago
Musk is a moron and I hope he keeps getting exposed
TheDude@kbin.social 7 months ago
They probably aren't stopping planning a model 2, it just ain't gonna cost $25k.
wjrii@lemmy.world 7 months ago
Probably couldn’t figuree out a way to make the ‘2’ serve as a ‘Z’ in a sophomoric sex pun, so… that’s the end of that project.
jsh@sh.itjust.works 7 months ago
The Tesla Model 2 S3XY Soon to be followed by the Model 4 and Model U.
APassenger@lemmy.world 7 months ago
S3XZY?
wjrii@lemmy.world 7 months ago
This only serves to make me think you’re smarter than Elon Musk.
tsonfeir@lemm.ee 7 months ago
Musky can’t make a car that cheap. That’s why.
Imgonnatrythis@sh.itjust.works 7 months ago
When you get in one this is the price you feel like it should cost though
tsonfeir@lemm.ee 7 months ago
I feel that way in all his cars.
Rai@lemmy.dbzer0.com 7 months ago
I know he sucks but after feeling the acceleration of a model 3 I can’t agree with that. I’ve never felt acceleration like that before, or since.
Jimmycakes@lemmy.world 7 months ago
China gonna dominate that price bracket and lower no need to enter a market you cant compete in
Buffalox@lemmy.world 7 months ago
Tesla makes cars in China too.
Squizzy@lemmy.world 7 months ago
Loads of companies do, doesnt mean they can compete at that price point.
Fedizen@lemmy.world 7 months ago
hell I’m pretty sure its impossible to make these cars without some amount of electronics fabricated in china
Buffalox@lemmy.world 7 months ago
All those that claim this market belongs to China, Tesla already has production in China, and can use all the same benefits Chinese companies can. Including government subsidies.
whereisk@lemmy.world 7 months ago
So long as they keep the Chinese government happy. That’s a big lever China has on Musk.
Corkyskog@sh.itjust.works 7 months ago
China is probably just happy that Musk is Musk. Dude sows enough discord among the US populace without them even asking. Gift horse and all…
Num10ck@lemmy.world 7 months ago
Tesla needs to make a certain substantial profit margin, same problem as Apple’s car project. BYD will sell at a loss for years to monopolize like Amazon/Walmart etc.
Benaaasaaas@lemmy.world 7 months ago
Outside companies almost never get the same benefits as local ones, that’s true even outside of china. Another thing is that china has national interests in chinese carmakers.
hark@lemmy.world 7 months ago
BYD has a level of vertical integration far beyond anyone else in the industry.
interdimensionalmeme@lemmy.ml 7 months ago
Chinese companies aren’t buying detestable social media platforms and speedrunning them into the ground.
guacupado@lemmy.world 7 months ago
No one’s talking about that.
BallsandBayonets@lemmy.world 7 months ago
No, they just create them and make them wildly successful so they have a backdoor in everyone’s pocket.
lipilee@feddit.nl 7 months ago
that’s fine, they have the perfect alternative, the cybertruck. /s
sugar_in_your_tea@sh.itjust.works 7 months ago
I just want an inexpensive commuter that gets ~150 miles per charge. I live in a cold climate and I work about 25 miles away, so I need at least 75 miles range on the coldest days. I also want it to be cheaply repairable, so the battery pack needs to be inexpensive to replace.
Tesla isn’t offering that, their battery packs are too hard to service and too expensive. So I’m going to keep driving my hybrid until someone makes something to replace it.
Those Chinese sodium-ion batteries look like the perfect solution. Inexpensive, enough range, and less fire risk. My company says they’ll be putting in chargers, so I might be willing to go down a bit on range. If Elon wants my business (he probably doesn’t), he needs to make a cheap commuter.
ctkatz@lemmy.ml 7 months ago
I wouldn’t buy one. good job. elon destroying your brand name.
AlexisFR@jlai.lu 7 months ago
Dammit, the idea of a Tesla Hatchback could have good. But no, they had to make that cyberjoke first…
autotldr@lemmings.world [bot] 7 months ago
This is the best summary I could come up with:
Tesla has abandoned plans to develop an affordable electric Model 2, according to a report in Reuters.
The news organization says it has reviewed company messages that say the affordable Model Y, which Tesla CEO Elon Musk claimed would sell for $25,000 or less, has been axed.
Then, this March, Musk told Tesla workers that the Model 2 would go into production at the company’s factory in Berlin.
In light of this news, that statement certainly raises eyebrows—Reuters reports that one of its three unnamed sources told it that the decision to scrap the Model 2 was made in late February.
Instead, Musk is allegedly “all in on robotaxi,” Tesla’s plan to create an autonomous driving system that could allow its cars to compete with Uber or Lyft without a driver in the equation.
Earlier this week, Tesla posted its worst delivery results since 2020, with an 8.5 percent drop in deliveries year over year and yet another quarter of overproduction that has left the electric carmaker with nearly 150,000 vehicles produced but unsold.
The original article contains 302 words, the summary contains 174 words. Saved 42%. I’m a bot and I’m open source!
Diplomjodler@feddit.de 7 months ago
I guess he’s finally lost it completely.
tsonfeir@lemm.ee 7 months ago
Gotta have it to lose it.
ArtVandalist@lemmus.org 7 months ago
[deleted]jecht360@lemmy.world 7 months ago
I don’t think you’ve actually read any of the comments in this thread. Everything is a legit discussion of EVs and how Musk is handling this. Nobody is bashing China. If anyone is being criticized in this thread, it’s Musk.
mouse@midwest.social 7 months ago
You can block instances. Go to settings, blocks, in block instance section search for the instance that you want to block.
SharkAttak@kbin.social 7 months ago
How can you hate such a perfect country? /s
istanbullu@lemmy.ml 7 months ago
You can’t beat China on price
dog_@lemmy.world 7 months ago
Lol
maynarkh@feddit.nl 7 months ago
So instead of trying to compete with BYD, they are leaving that space open for Chinese dominations, and instead they are trying to catch up to the Waymo-Uber-Lyft race where Tesla has not even tried to compete yet.
To me, it just seems that Musk just doesn’t believe in market capitalism and competition. Or that he’s exceptionally terrible at it.
TrainsAreCool@lemmy.one 7 months ago
I believe a huge chunk of Tesla’s valuation is based on their automation tech, despite having very little real success towards full automation. So they have to focus on that and try to prove they can deliver.
But I’m guessing they won’t succeed, as there are fundamental flaws with the technology itself, that can’t be solved by throwing more sensors at the problem.
maynarkh@feddit.nl 7 months ago
It seems their stock valuation rests on an assumption that their self-driving tech is unique, useful and best-of-class. I don’t see how they can benefit putting these claims to the test by trying to compete in the robotaxi market.
Claidheamh@slrpnk.net 7 months ago
But can it be solved by throwing less sensors at the problem? Cause that’s what he’s been doing. Removing sensors from the newer versions that were in the older ones.
Thorny_Insight@lemm.ee 7 months ago
Untill they released FSD Beta V12. The leap it took from the previous version is insane. It drives really good now.
seaQueue@lemmy.world 7 months ago
They’ll scream and cry for protectionist policy once they lose the lower end of the market. Musk has one superpower and it’s looting the public for his own benefit.
umbrella@lemmy.ml 7 months ago
nah the us is prohibiting chinese imports because they cant compete.
i guess you guys just aint getting cheap evs
maynarkh@feddit.nl 7 months ago
Not me, I see a bunch of Polestars already cruising around, and here Teslas are not even the most sold EV. Super cheap itty-bitty locally made EV “trucks” that are as big as a Smart are.
And electric bikes I suppose.