"I expect that Tesla decided that margins on this new product would be too slim and the likelihood of customers opting to pay extra for FSD (Full Self-Driving) was low." "It shows that they (Tesla) need to kind of go back to the drawing board and figure out kind of what their next move is going to be because they're sitting on elevated inventories for the Model Y, which is their best-selling car."

Yahoo Finance has an unlocked article from Reuters.

This is the article that made Elon Musk angry today (“Reuters is lying (again)” post on Twitter). So we know its real.

  • @dragontamerOPMEnglish
    1•9 months ago

    A lot of the more economical EVs or PHEVs run out of torque at higher RPMs.

    2-gears probably will be the sweet spot in the far future. Or current future if you consider Honda Accords hybrid design. (EV geared for low speed + ICE on high speed gear only. So two years but weird).

    0-30mph is great for all EVs, but 30-60mph is harder in practice. So much so that Porche Tycan has a gear shift despite being 100% EV.

    I expect more cars to cheat two gears in as more economical designs proliferate.