"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.

  • @polygon6121English
    3•5 months ago

    What happened to the masterplan of making cheaper and cheaper cars. They really lost momentum by going for the trucks, the “long” hauler and the “rugged” truck… shame