Reuters published an exclusive story today which says Tesla has decided to abandon plans for its “Model 2” EV and will instead focus on building robotaxis.
Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters.
The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said…
Two sources said they learned of Tesla’s decision to scrap the Model 2 in a meeting attended by scores of employees, with one of them saying the gathering happened in late February.
“Elon’s directive is to go all in on robotaxi,” that person said.
In addition to statements from sources at the company, Reuters has documents which seem to confirm the Model 2 problem is winding down.
In…
