Are robotaxis the future? Or instead, the past?
Are robotaxis the future? Or instead, the past?
NY Times reports a huge sales slump to 337K vehicles for Q1, exactly inline with the robotaxi.news estimate of 335k from a few days ago. This is a true disaster for Tesla. Yet today their stock rose by over 5% due to it now being without a doubt a pure meme stock.
GM Authority reports that the Cruise saga is not yet over. GM and Cruise are being sued for misrepresenting AV advancements, in particular, having achieved level 4 autonomy.
Seeking Alpha reports on how Wells Fargo warns that their stock could fall by 50% after pathetically low deliveries are announced. Plus they are very skeptical about the June Cybercab rollout.
NY Times reports on how a Xiaomi vehicle in semi-autonomous mode drove into a concrete guardrail at 60mph, killing all three occupants. The vehicle only had camera sensors and not any type of LiDAR, which is obviously needed for autonomous driving.
electrek reports on how the purported Tesla launch of ‘unsupervised full self-driving’ in June is simply yet another empty promise. Tesla doesn't have the technology. And they are hiring teleoperation folks to get their cars out of the inevitable problematic situations they will encounter.
SF Examiner reports that Waymo continues to be incredible when it comes to working with cities and revealing even basic data, like the number of vehicles they operate in a city.
