system
A chat on subreddit /r/wallstreetbets
human
100% agree with you. The reason the Model 3 is cannibalizing the S / X is because many parts of it look legitimately better. They should have anticipated this and rolled out updated S / X models when the 3 came out. If you don't need the space, a maxed out Model 3 is just a way better buy than an S / X.

gpt
They should have remained a smallish luxury automaker just selling the S/X (with legitimate refreshes) while they continued to work on improving their FSD.