
Electrek – Tesla Full Self-Driving data makes Elon Musk lower expectations
Electrek reports on how crowd sourced data, limited as it is, shows that Tesla is nowhere near achieving a claimed 5x-10x improvement in miles between interventions for FSD.
Are robotaxis the future? Or instead, the past?
Are robotaxis the future? Or instead, the past?
Robotaxis are not just limited by weak technology. They unfortunately also don’t make any business sense…
Electrek reports on how crowd sourced data, limited as it is, shows that Tesla is nowhere near achieving a claimed 5x-10x improvement in miles between interventions for FSD.
CNN reports on how an analyst from Truist Securities took up Elon Musk's statement that doubters of FSD should test-drive it. It did not work out well.
NY Times reports on how Elon Musk's claim of Tesla magically creating robotaxis is completely detached from reality. Also, analysis don't even see how Waymo could turn robotaxis into a profitable business.
Business Insider reports on the Q2 earnings call, and how Tesla investors are not happy with the situation. Elon Musk is definitely feeling the heat, though continues to spout falsehoods about the alleged Tesla robotaxi.
Editors note: this article is worthwhile for this one quote: In a lot of ways, Elon Musk has built a complete house of cards for his stock based on promises and ideas that’ll just get kicked further down the road. In the meantime, though, enjoy the meme possibilities. See original article by Andy…
NY Times reports that Tesla had another awful quarter, with year-over-year sales decline of 4.8% and profit drop of 45%. Meanwhile, other EV manufacturers are doing much better.
Michael Smith digs into the GM Q2 2024 financial returns and finds out that the financial situation of Cruise is far more precarious than presented.
NY Times reports that Cruise has restarted operations in Dallas, Houston and Phoenix, though with human safety drivers. Article also reports that Cruise has lost $500 million for the first 6 months of 2024.
TechCrunch reports that a new date of October 10th has been set for the Tesla robotaxi "unveiling". Unanswered is whether this "unveiling" will be even more embarassing than the Tesla robot mime one.
TechCrunch reports that Waymo is committing a new round of funding of "up to $5B" over the next few years. This is not truly news though since it is just consistent with their recent annual investments.
Wired reports on while Waymo doesn't pay to use public streets, it is now suing people for damages when people fight back.
NY Times reports on how Masayoshi Son, the billionaire founder of SoftBank, is trying to get automotive makers around the world to join forces to develop autonomous driving.
Fortune reports on Cathie Wood still being absurdly bullish on Tesla stock based on Musk's false promises of robotaxis, robots, and AI.
Electrek reports on Elon Musk's dubious claims that the 8/8 robotaxi event had to be delayed due to him asking for "front end changes".
Jalopnik reports: yup, Tesla is a pure meme stock now, completely adrift from the company's financials.