robotaxi
The US has a new robotaxi capital.Waymo and Tesla are going head-to-head in Austin, lured by Texas’ hands-off approach to regulation.The number of robots on the road is growing, and local residents, law enforcement, and Uber drivers are concerned.Move over San Francisco; Austin is the new American robotaxi capital.Waymo made…
Y Combinator group partner Jared Friedman last year switched to using robotaxis exclusively.Friedman told Business Insider that he estimated spending 4% of his waking hours in a Waymo in 2024.Friedman was also an early angel investor in Cruise, which was acquired by GM in 2016.Angel investor and Y Combinator group…
Zoox cofounder Jesse Levinson said at TechCrunch Disrupt that he drives a Tesla.He said he sometimes uses Tesla’s so-called Full Self-Driving mode.The experience is “stressful” because of its potential to make a driver complacent, he said. The cofounder of Zoox, an Amazon-backed robotaxi company, said he sometimes feels nervous when…
By Akash Sriram and Abhirup Roy (Reuters) – Tesla (NASDAQ:)’s investors and analysts will get a chance to grill CEO Elon Musk on his robotaxi plans on Wednesday when the electric automaker reports its quarterly results, after a much-hyped unveil this month that lacked key details and slammed shares. Musk’s…
Tesla debuted its prototype Cybercab at Thursday’s “We, Robot” event in Los Angeles.Tesla stock fell more than 9% on Friday, reducing Elon Musk’s net worth.Though his net worth dropped by about $15 billion, Musk remains the world’s richest man. Tesla’s robotaxi event, at which the company debuted the long-anticipated prototypes…
Tesla faces several regulatory hurdles before launching a robotaxi service.Insurance is already a complex subject for ride-hailing fleets and Tesla vehicles. High insurance costs could wipe out earnings for Cybercab owners. There are plenty of hurdles for Tesla’s promised robotaxi fleet to clear before launching, but one overlooked barrier may…
By Chris Kirkham LOS ANGELES (Reuters) -For a businessman who perpetually struggles with broken promises, Elon Musk gave himself quite a to-do list Thursday night at Tesla (NASDAQ:)’s long-awaited Hollywood unveiling of its driverless robotaxis. His slew of announcements during a 20-minute presentation were short on practical details and prompted…
Tesla’s “We, Robot” event left analysts with more questions than answers.Wall Street was broadly disappointed by the lack of detail, and skeptical of Elon Musk’s timeframes.The EV maker’s stock dropped as much as 7% in premarket trading on Friday. Elon Musk’s “We, Robot” event on Thursday night failed to impress…
Investors’ expectations are high heading into Tesla’s big robotaxi reveal on Thursday night. They’ll be looking for details about operations and safety.And perhaps more importantly: They want to know how much this is all going to cost — and if it will make any money. The stakes are high heading into…
By Abhirup Roy SAN FRANCISCO (Reuters) – Tesla (NASDAQ:) faces a watershed moment on Thursday when CEO Elon Musk takes the stage at the Warner Bros Hollywood studio to unveil much-delayed plans for a robotaxi, a project that has reignited the electric vehicle maker’s stock, despite cooling expectations for EV…
