electrek – Tesla (TSLA) has to replace computer in ~4 million cars or compensate their owners
electrek reports that contrary to Elon Musk's claims, the Tesla hardware is simply not capable of handling true autonomous driving.
Robotaxi.news
Are robotaxis the future? Or instead, the past?
Robotaxi.news
Are robotaxis the future? Or instead, the past?
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Robotaxis are not just limited by weak technology. They unfortunately also don’t make any business sense…
Read Moreelectrek – Tesla (TSLA) has to replace computer in ~4 million cars or compensate their owners
TechCrunch – Autonomous trucking startup Kodiak Robotics to go public via SPAC
TechCrunch reports that another autonomous trucking company, Kodiak Robotics, is taking the financially dubious track of obtaining funding via a SPAC. This means that the company will completely fall apart within 2 years.
SF Chronicle – Mayor Lurie to allow Waymo on S.F.’s car-free Market Street
SF Chronicle reports that King Lurie has decreed that public transit on Market Street shall be replaced by Waymo robotaxis.
NY Times – Elon Musk Backlash Turns Into Global Sales Slump for Tesla
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 – GM And Cruise LLC Sued By Investors For Misrepresenting AV Advancements
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 – Wells Fargo warns Tesla could fall 50% after deliveries, earnings, and the Cybercab rollout disappoint
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.
The Teslantic has hit an iceberg. When is it going to sink?
Predictions are only predictions if they are both explained and recorded. So this is official prediction of Tesla tanking in June 2025.
TechCrunch – What Tesla can and can’t do in California with its new passenger transportation permit
A great deal of ink has been spilled (pixels have been pushed??) on how Tesla received first of the permits needed to run a robotaxi service. Fanboys got excited! But this permit has absolutely nothing to do with robotaxis. It simply is a permit to run an app-based Uber like system with human drivers. This is of course not something that Tesla actually plans on doing. Therefore it is a complete nothing of an announcement. Thankfully TechCrunch clarifies the situation.
Gizmodo – San Francisco Hit Waymo With Hundreds of Traffic Citations in 2024
Gizmodo reports on how Waymo robotaxis received 589 tickets in 2024 for a total of $65,000. Unfortunately this goes no where near covering the traffic havoc that the vehicles cause.
Reuters – Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?
Reuters reports on how Tesla stock has long defied gravity (also known as investors being fleeced), and points out that it appears the smoke and mirrors might finally come to a crashing close.
USA Today – Would you ride in a self-driving car? Survey says most Americans would not
USA Today reports on a study by AAA showing that most Americans do not want to use a self-driving car. Kind of hard to have a multi-billion business when most people are simply not interested.
Bloomberg – Uber CEO Says Musk Wants to Go Alone on Tesla Robotaxi Rollout
Bloomberg reports that Elon Musk will not be partnering with Uber for Tesla's alleged robotaxi rollout.
Wired – Elon Musk’s Toxicity Could Spell Disaster for Tesla
Wired reports on how far Elon Musk's reputation has suffered, and how it could easily drag down the entire company with him. This is yet another nail in the coffin for Tesla's robotaxi endeavors.
electrek – Tesla CFO, chairwoman, and Elon’s brother sold tens of millions worth of TSLA stock
electrek reports that Tesla Board members have recently sold tens of millions of dollars of TSLA stock, indicating that they don't have a huge amount of faith in the future of the company.
The Register – Uber CEO warns robotaxis can’t find a fast route to commercial viability
The Register reports on key remarks from Uber CEO Dara Khosrowshahi. Dara states that robotaxis are inherently expensive and there is not a path forward for successfully commercializing them.
