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I think it was more a convenient excuse.

Tesla looks to not be on a financially strong course and so they needed to make major cuts somewhere. Supercharger network is probably okay for now.

Just a shame they continue to bet their company on Robotaxi for which there is no evidence will be a good business even if the technology works.

They need to focus more on refreshing their existing models and overall better customer satisfaction.

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There’s no evidence that ride services make money and are in high demand? Someone better tell Lyft and Uber so they can close shop

Uber and Lyft are not in the robotaxi business. And yes, a lot of these gig companies barely make any money as it is. Most lose money. They basically just hope to be the last one standing and to then rack up prices to a profitable level.

It’s the same demand no matter who’s driving

"Uber makes first operating profit after racking up $31.5bn of losses"

https://www.ft.com/content/dae2b90e-1ba0-4e8f-aabc-34aae4ca0...

This is too tiring and obvious to give a real response

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