Musk says a lot of things that aren't true

8/8 for all his Nazi followers.

Autonomous driving has always been his go-to pump when the stock price drops.

Right, everyone needs to chill out and realize this is all rumor. You shouldn’t trust any of it too much.

• Musk is probably saying what they do intend to do, whether they can do it on time or not, or risk another visit from SEC
• cancelling model 2 is a rumor from unknown source that may or may not be true
• even if it’s true, it may mean cancelling a specific project but doesn’t mean the goal has changed
• even if it’s true, it may mean focussing on robotaxi first, and not necessarily change overall goals
• even if it’s true and they realized they can’t compete in that segment profitably, there may be an alternate or changed plan we don’t know about yet

Right now it’s almost more entertainment value than actually what will happen, so let’s all sit around and gossip, but not expect it to mean much.

Here’s my contribution to the rumor mill: given the cost of FSD added to existing vehicles, a robotaxi would be more expensive and higher profit. Of course they’d want to do that first. It also fits with the Tesla long term strategy of starting with high cost vehicles first, to help fund mass market vehicles later, and over-optimistic technology ambitions. You heard it here first, absolutely guaranteed to be true by this random internet user, and with no basis in reality, the plan is to use robotaxi to pay for the development and factory for Model 2