The possibility is not enough. They have to make FSD work in older Teslas to fulfill the original promise, somehow.
That said, if it doesn't happened this year, it doesn't mean it will never happen.
The first problem they need to solve is FSD. If they can't solve FSD even with latest hardware, then well, that would be bad on its own.
The question is, what happens once they solve FSD, do they port? Maybe, I don't think it will be nearly as hard. Now realistically, it's probably cheaper to give free upgrades to everyone and not have to do the port. To me that feels fair, is like "hey, I promised you FSD on HW1, is gonna be a pain to port, but here, take this free HW upgrade", I'd be OK with that.
Now if they don't compensate HW1 users to some degree once FSD is solved, I do feel that would not be cool.
But my point here is that, we are jumping to conclusions, we don't know yet. We can't claim (yet) that FSD will or will not happen.