Bloomberg publishes one of the best written articles on the hype of the robotaxi business, and its inevitable fall. It shows how all of the robotaxi companies (including Waymo, but especially Tesla) have been dependent on hype to make the false claim that robotaxis have a near-term financially robust future. Yet they are still shockingly dependent on support by a large number of actual humans. And now, not only do robotaxis appear to be post peak bubble, generative AI companies will surely be following the same trajectory.
electrek reports on how it isn't just his video game playing skills that Elon lies about. Elon has continued to mislead investors and the public on how well FSD is working. Tesla makes claims only with respect to highway driving, and won't release the data needed to fully understand the issue. Meanwhile, crowd-sourced data shows that FSD improvements have been quite small, sometimes with big regressions, and that Tesla is nowhere near being able to provide a truly autonomous driving system needed for robotaxis.
Washington Post reports on how while the public continues to be very reluctant about robotaxis, the industry is planning on plowing ahead due to the expectation that the new Trump administration will gut safety standards.
electrek reports that Tesla's issues with its self-driving computers is so big that they have had to issue a recall for 200,000 vehicles due to the vehicles not meeting NHTSA requirements.
