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

NY Times – China Is Testing More Driverless Cars Than Any Other Country

See original article by Keith Bradsher at NY Times Assisted driving systems and robot taxis are becoming more popular with government help, as cities designate large areas for testing on public roads. The world’s largest experiment in driverless cars is underway on the busy streets of Wuhan, a city in…

Read MoreNY Times – China Is Testing More Driverless Cars Than Any Other Country

CNBC – Tesla shareholder sues Musk to return billions in alleged unlawful profits

CNBC reports that Elon Musk is once again getting sued, this time by The Employees’ Retirement System of Rhode Island, for artificially boosting Tesla share prices with false information. Surely this will happen again in the future once stockholders realize that Musk's robotaxi claims have all been completely and knowingly false.
Read MoreCNBC – Tesla shareholder sues Musk to return billions in alleged unlawful profits

The Verge – GM pumps $850 million in Cruise to keep struggling robotaxi company afloat

The Verge reports that GM is dumping another $850 million into the dumpster fire that is Cruise. This is on top of the $8.2 billion they have already wasted. At year end they will have to make yet another decision on whether to burn even more money or to just close down the fiasco.
Read MoreThe Verge – GM pumps $850 million in Cruise to keep struggling robotaxi company afloat

Not only are Waymo vehicles driverless, they are often passengerless as well

Waymo tries its best to hide information from the public. But by closely looking at what little data is available from the California PUC one can see that Waymo vehicles are empty for 52% of the miles traveled. Instead of reducing VMT, they more than double it for replaced automobile trips.
Read MoreNot only are Waymo vehicles driverless, they are often passengerless as well
Bloomberg

Bloomberg – Tesla Robotaxi Revenue Is Likely Years Away, JPMorgan Warns

Bloomberg reports that JP Morgan has told clients that for Tesla's alleged robotaxi service that there is no material revenue generation expected for years. The article also points out that Elon Musk's self-driving predictions have never panned out. This all further shows that Musk's robotaxi claims are just a distraction to falsely prop up Tesla stock price during declining sales.
Read MoreBloomberg – Tesla Robotaxi Revenue Is Likely Years Away, JPMorgan Warns

Electrek – Tesla paid for Elon Musk’s Boring Company to dig a tunnel under Giga Texas, but why?

Electrek reports that Elon Musk had Tesla pay over $1 million to the Boring Company to dig a completely unnecessary tunnel on Tesla property. This further shows that Elon Musk is misusing Tesla resources for his own personnel financial gain, just as he has been doing with his robotaxi statements.
Read MoreElectrek – Tesla paid for Elon Musk’s Boring Company to dig a tunnel under Giga Texas, but why?

Reuters – Tesla must face California’s false-marketing claims concerning Autopilot

Reuters reports that has ruled that the California Department of Motor Vehicles should indeed investigate whether Tesla has overstated its vehicles' self-driving capabilities. It is a separate ruling from the recent May 15th one on whether a class-action lawsuit against Tesla's claims can proceed.
Read MoreReuters – Tesla must face California’s false-marketing claims concerning Autopilot
Musk

CNBC – Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI

CNBC reports that once again Elon Musk has lied to Tesla shareholders. He boasted that Tesla would be making a huge investment into AI in order to power their supposed robotaxi system. But it turns out that he has been directing the scarce supply of Nvidia AI chips from Tesla to xAI, a separate company that Musk has a huge financial stake in.
Read MoreCNBC – Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI

Fortune – Elon Musk accused of selling $7.5 billion of Tesla stock before releasing disappointing sales data that plunged the share price to two-year low

Fortune reports that Elon Musk is now facing a lawsuit alleging that he misled investors with fake "epic end of year" sales info while dumping billions of dollars of stock using insider information. This is of course similar to Musk recently propping up stock price with fake robotaxi claims.
Read MoreFortune – Elon Musk accused of selling $7.5 billion of Tesla stock before releasing disappointing sales data that plunged the share price to two-year low

Fortune – How Waymo outlasted the competition and made robo-taxis a real business

Fortune reports on how difficult the robotaxi business is, and how Waymo has outlasted the other companies. But somehow Fortune is impressed with Waymo serving 50,000 rides/week. At $20/ride this is only about $50 million a year, a pittance compared to the billion dollars+ that they are spending.
Read MoreFortune – How Waymo outlasted the competition and made robo-taxis a real business

Bloomberg Opinion – Musk Loses Autonomy in Race for Tesla Robotaxis

Opinion piece in Bloomberg on how Elon Musk's pursuit of robotaxis could be a huge setback for Tesla. Musk has placed more of Tesla’s fortunes in the hands of public officials and processes beyond the routinely accommodating environs of the boardroom and the stock market. Reality, and a lower stock price, will surely result.
Read MoreBloomberg Opinion – Musk Loses Autonomy in Race for Tesla Robotaxis