If you're FMIC, here's the problem:
You have four core products (Strat, Tele, Jazz Bass, Precision Bass) that have been in continuous production since the 1950's. You have a large corporation with thousands of employees and several factories that have to stay profitable. You have to keep selling to enable everything to continue. And you have over time been unable to establish any new hot-sellers with the staying power of your four core products.
So, the constant pressure of 'This Year's Model' is huge, as you must stay faithful to the original, yet offer something to make customers reach for their wallet, which is a very tricky balancing act. Made even more complicated by the fact that guitar players are far more conservative in what 'new' they'll accept, and bassists who want something a bit more modern or different will quickly run to Lulls or Sadowskys for a modern take, or the boutique builders for a completely different take on bass. In other words, Fender almost by tradition CAN'T get real modern real fast.
So you see what we've seen for quite a while now: Endless variations on the cornerstone models, and the endless rotation of the model names is part of their way to convince you that THIS one is the latest and greatest.
And I take a completely different view on the Custom Shop pieces: Save for the few truly amazing 'magazine cover' pieces, it's a left-handed comment that their regular production pieces ain't all that, and that you should be honored to pay 4 or 5 grand for instruments you could screw together yourself: I promise you there is no Magic Fairy Dust in them. But, it's another contributor to their cash flow, so I totally 'get it'.
I do not envy them in this task.
For me personally, and probably like a lot of you, I could spec exactly what I want in a Precision or Jazz, buy all the parts separately, and build (or have assembled by someone qualified) exactly the Fender I always wanted, but they don't offer as a catalog item I can buy at a dealer. The aftermarket parts market is huge for these classics, and is exactly why a Squier or MIM is plenty good enough for me as I can modify it to exactly what I want cheaper than I could buy an Elite or Custom Shop piece, if I didn't assemble one from scratch. Your results may vary . . . . .