Im curious about the timing of this announcement.
On the surface, it seems to take the wind out of their sails.
They told us the cybertruck was awesome.
They told us flying cars soon.
Now we see the fate of the first promise.
I would have delayed this announcement for as long as possible after the flying car show from a PR perspective.
Which makes me think this announcement is throwing a bone to the financial bean counters ahead of the potential merger with SpaceX.
Cleaning the companies books of fat before the big game.
They have also renamed the 'Full Auto Driving' feature to 'Driving Assist'.
Literally nothing Tesla promised is coming true.
This isn’t news to anyone following the business. I’m pretty sure it was announced months ago that model X and Cybertruck (and maybe Model S too) were being discontinued.
And Model 3 and Y have always been 95%+ of the cars Tesla delivered.
*flying car shaped air tank and thrusters
You have it backwards.
The Musk strategy is to quietly drop failures/broken promises from a previous hype cycle after kicking off a brand new hype cycle to take its place.
This is entirely consistent with his tried and true strategy to constantly redirect attention forward to the distant future, and never stay idle long enough to encourage looking back at the ever growing pile of ideas that didn't work out.