https://wccftech.com/andy-rubin-cancels-essential-phone-2-selling-company/

Essential Phone 2 was expected to come with a wave of improvements, but according to people close to this information, Andy Rubin, the creator of Android has reportedly put the company up for sale. This potentially means that the project for the upcoming flagship has been canceled as the co-founder of the company is rumored to seek a buyer. Part of why the Essential Phone failed was not due to its hardware or design, but its ridiculously high price tag.

Essential, the maker of the Essential Phone is considering selling itself and has canceled development of a new smartphone, according to people familiar with the matter. The startup has hired Credit Suisse Group AG to advise on a potential sale and has received interest from at least one third-party entity.