Tesla (TSLA) CEO Elon Musk announced investors can expect Tesla’s robotaxi to roll out August 8, 2024. Edge Case Research CEO Michael Wagner and Deutsche Bank Lead U.S. Autos Analyst Emmanuel Rosner discussed if Tesla’s robotaxi is safe enough for roads and what the tech company’s latest pivot means for investors. These segments are from April 16 and April 17, 2024.
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“Robotaxis aren’t sophisticated enough to drive everywhere, so we’re going to start operating fixed routes along predefined corridors.”
Congrats, silicon valley has invented the bus once again!
His super power is rebranding existing ideas.
Time for Elon to Xit up a storm for TSLA valuation
anybody else think he sounds kind of like Conan O’Brien?
This is a smart move for Tesla it’s obvious they can’t keep up with the big car makers especially when it comes to build quality. The big car makers have only been in the EV space for a very short amount of time and some of them have already passed Tesla and most are getting close.
Tesla’s valuation never made any sense as a pure auto company, when you compare it to legacy auto makers. It only really makes sense as as a data company, which coupled with AI will surely replace the entire auto industry with a new generation of self-driving taxis, so cheap & plentiful that owning a car will no longer make any sense.
From Gas tanks to electric…mission accomplished.
Don’t get excited with technology because self driving cars are a turn off.
They need their own roads for that initiative.