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ELON MUSK SHUT DOWN INTERNAL TESLA ANALYSIS THAT SHOWED ROBOTAXI WOULD LOSE MONEY

electrek.co8 min read

Summary from the TLDR newsletter

An internal analysis from Tesla executives showed that the company's Robotaxi plans would lose money. The analysis also said that the company should focus on a new affordable electric vehicle called the 'Model 2', but Elon Musk canceled plans for the vehicle and pushed only for the Cybercab, replacing plans for the next-gen affordable EV with cheaper versions of the Model Y and Model 3. The decision is likely the reason Tesla is in a slump right now.