Elon Musk shut down internal Tesla analysis showing Robotaxi would lose money

a year ago

Elon Musk reportedly shut down an internal Tesla analysis showing Robotaxi plans would lose money.
Tesla canceled its affordable 'Model 2' EV in favor of focusing on Robotaxis (Cybercab).
Executives pushed for the $25,000 Model 2, but Musk dismissed their concerns and analysis.
Internal analysis predicted slow payback and regulatory challenges for Robotaxis outside the U.S.
Musk's assumptions included a shrinking U.S. car fleet due to higher Robotaxi utilization.
Tesla's internal valuation of Robotaxis was much lower than Musk's public claims.
The shift to Robotaxis has contributed to Tesla's current slump and talent exodus.
Critics argue Robotaxis have low revenue potential and high capital inefficiency.
Musk's decision-making is criticized for ignoring expert advice and focusing on unproven ventures.

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