Tesla throws in the towel on car sales https://www.theverge.com/transportation/870332/tesla-throws-in-the-towel-on-car-sales

@verge@mastodon.social

But still making new Cybertrucks???

Wonder if/who the car-making capacity and charging network (and patents?) will be sold to.

@verge When speaking of the greater good, any “system” that allows all around shit heads to accrue vast wealth is illegitimate, corrupt, caustic and destructive to the masses, period.

@verge
Big Hail Mary gamble and a frank admission that they have ceded the field to the Chinese automakers.

The problem with abandoning a competitive EV market in favor of entering the robotics and automation market, is that the market they are entering is already crowded with players who are better funded, have more clients, and have already advanced the game.

They are quitting one tight market in order to start a race that is already full and runners are already ahead