We can confirm that the "Tesla Model 2" or "$25,000 Tesla" is indeed scrapped for now. Elon denied the original report from Reuters presumably because they mentioned the words "canceled" and "scrapped" and you can argue that it is "postponed" instead, but effectively, nothing is happening right now and for a while. The project was codenamed NV9. Tesla was working on a Giga Texas expansion for it, but it has been scrapped. The focus is now on a giant data center for Tesla's self-driving effort.
We can confirm that the "Tesla Model 2" or "$25,000 Tesla" is indeed scrapped for now. Elon denied the original report from Reuters presumably because they mentioned the words "canceled" and "scrapped" and you can argue that it is "postponed" instead, but effectively, nothing is happening right now and for a while. The project was codenamed NV9. Tesla was working on a Giga Texas expansion for it, but it has been scrapped. The focus is now on a giant data center for Tesla's self-driving effort.
You can read more on @ElectrekCo electrek.co/2024/04/15/tes…
@FredericLambert Are you saying that Tesla is out of Capex and had to decide between a data center or a new model line? Or will they both happen at the same time but the new line will only build Robotaxis?
@FredericLambert Giant data center? Seems like a lot of H100 and H200s needed ! @The_AI_Investor @DivesTech @ScottWapnerCNBC $NVDA @elonmusk @jimcramer
@FredericLambert Elon hated the idea of a slow cheap Tesla. I think the Robotaxi will just be a modified Model Y. He wants everyone to go full on autonomy.
@FredericLambert The engineers working on that project probably got fired accidentally.
@FredericLambert Eagerly await ur retraction. $TSLA now we know the source of rumors. Anyone working for companies w facilities around the world knows areas of focus and capacity shifts routinely in preliminary phase. But u need experience w manufacturing to understand this.