CNBC – Tesla shares drop 8% after auto sales plunge again
CNBC reports that Tesla had another disastrous quarter, and the hype about robotaxis and robots is helping support the meme stock.
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 MoreCNBC – Tesla shares drop 8% after auto sales plunge again
electrek – Elon Musk with a straight face: Tesla Robotaxi will cover half of US population by end of the year
electrek reports on Elon Musk's absurd prediction that Tesla Robotaxis will cover half the population of the US. Pure comedy!
Wired – Did Tesla’s Robotaxi Launch Backfire?
Wired reports that a recent survey shows that people are not interested in Tesla's alleged robotaxi service in the first place. Difficult to address the technical issues when their biggest problem is lack of demand.
NBC Bay Area – DMV legal battle against Tesla begins in Oakland court
NBC Bay Area reports that the Tesla trial has started. They have been brought to court by the California DMV for (allegedly) misrepresenting the capabilities of theiri Autopilot and Full Self Driving systems.
electrek – Tesla (TSLA) might lose its right to sell cars in California amid false advertising lawsuit
electrek reports that Tesla might lose ability to sell cars in California for 30 days or more because they misrepresented to customers the capabilities of Autopilot and Full Self Driving.
Fortune – ‘Elon is gambling’ — How Tesla is proving doubters right on why its robotaxi service cannot scale
Fortune reports on how Tesla’s robotaxi attempt in Austin is quite weak and will not be able to scale nor make a profit. Oh, and the robotaxi didn't detect crossing arms coming down at a railway crossing. That is quite scary.
Futurism – Bank Warns That Robotaxi Companies May Have Overlooked Severe Obstacles to Actually Making Money
Futurism reports on the HSBC analysis on how robotaxi companies will have great difficulty making a profit.
Business Insider – Don’t believe the hype around robotaxis, HSBC analysts say
Business Insider covers a report from HSBC that shows that the potential market for driverless taxis was "widely overestimated". Indeed, it isn't about the robotaxi technology (or the lack of it for Tesla). the problem is that the robotaxi companies are not going to be able to make a profit.
The Times – Tesla on trial: What caused fatal crash — driver or autopilot?
The Times reports on the current Tesla trial where the jury will determine who was driving the fatal Tesla, the robot or the human
Bloomberg UK – Tesla Failed to Stop Autopilot Misuse, Safety Expert Testifies
Bloomberg UK reports on testimony by Missy Cummings in the Tesla fatality lawsuit
NY Times – Tesla Faces First Jury Trial Tied to Its Autopilot System
NY Times reports on how finally Tesla is being dragged into court due to a deadly crash that occurred through use of its so called Autopilot system.
SF Chronicle – Cruise lays off 101 Bay Area employees as GM winds down robotaxi program
SF Chronicle reports that somehow Cruise still had 101 Bay Area employees to lay off
Seeking Alpha – Tesla’s Austin FSD Rollout: Autonomy Bet Is Failing
Seeking Alpha reports on how Tesla's FSD rollout was a failure. The stock value will surely soon reflect on this.
electrek – Tesla was forced to reimburse Full Self-Driving in arbitration after failing to deliver
electrek reports on how a a person who purchased Full Self Driving got their money back because Tesla was never able to deliver. Full Self Driving simply doesn't actually exist.
electrek – Tesla (TSLA) surge on investors betting its ‘Robotaxi’ will catch up to Waymo’s 6-year lead
electrek reports on how Tesla has an incredibly weak rollout of their "robotaxi" system, with a backup person onboard plus a human teleoperator. Yet their stock rises due to delusional fanboys like Dan Ives.
