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Robotaxis are not just limited by weak technology. They unfortunately also don’t make any business sense…

Bloomberg – Why AI Investors Should Worry About the Self-Driving Car Crash

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.

Read MoreBloomberg – Why AI Investors Should Worry About the Self-Driving Car Crash

electrek – Elon Musk misrepresents data that shows Tesla is still years away from unsupervised self-driving

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.

Read Moreelectrek – Elon Musk misrepresents data that shows Tesla is still years away from unsupervised self-driving

WSJ – Tesla’s Car Business Isn’t Really in the Driver’s Seat

WSJ reports on how Tesla stock capitalization has been completely disassociated from the business of selling cars. Instead, it is predicated on the myth that they are an AI, robotaxi, and robotics company given that their car sales are actually in decline. Ironically, after this article was published Tesla stock rose over 6%.

Read MoreWSJ – Tesla’s Car Business Isn’t Really in the Driver’s Seat

TechCrunch – Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program

TechCrunch reports that the Cruise employees didn't realize that there was no way that GM was going to continue to burn more money on the doomed project. The key thing is that Waymo employees currently believe that they will always be supported by the parent company. Well, it just doesn't work that way.

Read MoreTechCrunch – Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program

TheVerge – The end of Cruise is the beginning of a risky new phase for autonomous vehicles

TheVerge provides the most in depth coverage of the fall of Cruise. A robotaxi business is currently too expensive and complicated to succeed with financially. The article also appropriately points out that urban transportation advocates see the only true safety solution is fewer cars, not automated ones.

Read MoreTheVerge – The end of Cruise is the beginning of a risky new phase for autonomous vehicles

elektrek – Tesla loses its head of Autopilot HW engineering to Amazon’s self-driving effort

elektrek announces that Tesla is losing yet another critical long-term employee. This time it is the head of Autopilot and FSD HW engineering. Why would the head of AV hardware leave Tesla when they are supposedly lsoon to make billions of dollars off of their robotaxi business???

Read Moreelektrek – Tesla loses its head of Autopilot HW engineering to Amazon’s self-driving effort