Tesla Shifts Gears: Robotaxi Focus Over Affordable Model 2, Musk Debunks Halt Rumors

April 6, 2024
Tesla Shifts Gears: Robotaxi Focus Over Affordable Model 2, Musk Debunks Halt Rumors
  • Tesla has paused development of the more budget-friendly Model 2 car to prioritize their robotaxi project.

  • CEO Elon Musk publicly refuted a Reuters report about the halting of the Model 2, labeling the information as inaccurate.

  • The company is advancing its self-driving technology and aims to reveal a new robotaxi on August 8, 2024.

  • Despite not proceeding with the Model 2, Tesla continues to pursue new market opportunities and strives for consistent profitability.

  • Tesla is investing heavily in the Full Self-Driving system, with its latest version having achieved over one billion miles of autonomous driving.

  • The unveiling of the robotaxi later in the year marks a significant step in Tesla's strategy, though the long-term effects on the brand are yet to be determined.

Summary based on 63 sources


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