Elon Musk unveiled Tesla's highly anticipated self-driving taxi, the Cybercab, at an event in Burbank. The event, however, was light on specifics regarding production timelines, regulation, and fleet ownership, leaving investors questioning how Tesla will achieve its ambitious goals.
Elon Musk unveiled Tesla ’s highly anticipated self-driving taxi in Burbank on Thursday, Oct. 10. The automaker’s chief executive officer showed off prototypes of a slick two-door sedan called the Cybercab , along with a van concept and an updated version of Tesla ’s humanoid robot. Elon Musk unveiled Tesla ’s highly anticipated self-driving taxi at a flashy Burbank event that was light on specifics, leaving investors questioning how the carmaker expects to achieve its ambitious goals.
Tesla has a track record of blowing past timelines. Musk has offered for all manner of future products, and has had a particularly difficult time following through on his self-driving forecasts. The CEO told investors in 2019 that Tesla would have more than 1 million robotaxis on the road by the following year. The company hasn’t deployed a single autonomous vehicle in the years since.
Musk said Thursday the company expects to be able to allow Model 3 and Model Y owners in Texas and California to no longer need to monitor those features sometime next year. “They nailed the form factor,” said Gene Munster, managing partner of growth-investment firm Deepwater Asset Management, who went for a ride in one of the prototypes. “But the investor reaction is probably going to be muted because it’s still a long ways away, in terms of the time frame.”“We were illegal immigrants’: Elon Musk is one of illegal immigration’s harshest critics.
Speaking at a Detroit Economic Club event, the Republican nominee questioned whether anybody likes autonomous vehicles and said they were “concerning” to him. It was unclear from his remarks whether he was only singing out cars from China.
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