Analysts criticise lack of detail about the ‘robotaxi’ showcased by CEO Elon Musk
Tesla shares fell nearly 9% on Friday, wiping about $60bn (£45bn) from the company’s value, after the long-awaited unveiling of its so-called robotaxi failed to excite investors.
Shares in the electric carmaker tumbled to $217 at market close following an event in Hollywood, where the chief executive, Elon Musk, revealed a much-hyped driverless vehicle. The stock price is down roughly 12% year-to-date.
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However, analysts said the event was short on detail and also expressed disappointment over a lack of specifics about other Tesla projects. Musk has a history of making grand projections about upcoming products and failing to follow through in the timeframe he has set, or at all.
Nooo they didn’t like the self-driving robotaxi that isn’t self driving. What about the bus that can’t go over a pothole? No? How about robots that are controlled and voiced by humans? Damn. Tough crowd.
“And all transport will be fully autonomous within 50 years.”
Bro even cold fusion reactors have less estimation than that.
Tesla: “hay guys we invented the bus, but cyber”
that’s really Something isn’t it
Dude invented the city bus.
What problems do autonomous taxies solve that are worth this investment of possibly decades?
Edit: grammar
Really. Give me reliable public transportation instead.
the feds would have to start issueing grants for light rail like they do with roads for that to happen. Otherwise cities will always default to a free road over a paid train system
none. But they would have to be electric so that they don’t lose fuel economy as 3x the number of cars on the road will 100% create traffic jams.
And even then the amount of energy wasted on traveling empty from drop offs to pickups would probably be collossal. Not to speak of the infrastructure we don’t have to keep these charged
The dream of being the first to do it and corner the market for more of that sweet growth.
I just wish it went into autonomous trains like France did with Paris Line 14
Oh please let us see Elon lose all his fucking money because he’s a gigantic ass hat.
We can dream, now that he’s tied his name to Trump it’s not as unlikely as previously.
one of my old computer science professors said self driving cars “have been 5 years away for the past 20 years”. still rings true to this day
Self driving cars and net positive fusion, same same
Oh nobody’s predicting net positive fusion anytime soon. There’s huge materials hurdles in both magnetic confinement and inertial confinement while also regenerating tritium. Neutron radiation just does not play nice.
Here’s a list of every time he has promised (lied about) full self driving for literally more than a decade.
I imagine the robotaxi it gonna just be some really short person under the hood running super fast like the Flintstones with a steering wheel
How is anyone believing this guy’s shit after all this time?
Bro. Just one more year bro. I swear bro. Just one more year and we’ll have full self driving bro.
Don’t lose faith bro. Or I’ll sue you and call you a pedo guy.
They could easily do it in a year by purchasing Waymo.
Isn’t Waymo driverless like my RC car is driverless?
No, what makes you think that? I understand doubting Elon, but Waymo works great day in and out. The only bad incident I know of with them was when another vehicle with a person driving hit a pedestrian that threw the pedestrian under a Waymo, and they had to update the software to know what to do when a person spawns under the vehicle. Horrible, yes. But one of their cars wouldn’t have hit the pedestrian to start.
Your RC car has level 4 autonomy?
Imagine drinking this much Kool-Aid.
Are you referring to the use of SAE classifications or the assertion that Waymos are level 4?
Yeah, but only if you believe the propaganda by the IEEE, the lobbying arm of the international electronics and electrical engineer cartels.
https://spectrum.ieee.org/full-autonomy-waymo-driver
um…/s just in case
Awe shucks. Tesla should boot out Dork MAGAT and bring back Eberhard and Tarpenning. When Leon leaves, then I will consider a Tesla.
Leon?
It won’t be $30k, it won’t be full self driving, it won’t be ready for production by by 2027, it won’t replace all cars on the road by 2075.
It’s shocking that people aren’t calling him out on the fact that he also promised every Tesla on the road today would be capable of becoming a robotaxi, which was just an outrageous lie at the time and evidently they are no longer working towards making that plan a reality anymore if they’re designing dedicated autonomous vehicles. Letting him pitch a new robotaxi idea feels like letting him get away not having to face any consequences for his blatant bullshit.
No Tesla will, correct.
These cars will be available, just not where governments stand on the scale for industries that refuse to modernize or make vehicles that a lot of people actually want instead of another oversized SUV or truck with a grill taller than a tank.
Musk said the company would start building the fully autonomous “Cybercab” by 2026 at a price of less than $30,000, and showed off a van he claimed was capable of transporting 20 people around town autonomously – which he said would reshape cities by turning car parks into parks.
$30,000 for a fully autonomous bus?
He’s learned that if you put an ® next to your name there are literally zero consequences for blatantly lying.
Why is he even bothering when we already have Waymo? It already has full-self driving, and it works wonderfully. I use it to get rides to work when I’m too tired to drive. Just hop in, take a nap, and wake up at your destination. I trust it way more than any Uber/Lyft driver.
The price is for yearly subscription
At least the robovan looks like a vehicle from a dystopian cyberpunk movie, and the bad guy cops (that are of course working for a private police firm) are being ready to burst out from it to try to arrest the good guys.
This company will soon have zero value under our fearless leader Elon Musk.
No one can ruin the Tesla name like someone taking credit for their underlings inventions.
Musk: “I have concepts of a car.”
It might not be a particularly new insight, but I find it worth repeating anyway: Musk truly is the new Ford. Runs his own company in the ground and has a hard-on for fascists.
With a bit of Edison thrown in for good measure. He’s constantly claiming to have invented things or founded companies that he had nothing to do with.
Even at face value, that’s still a massive red flag coming Musk. He gave us a concept of the cybertruck that actually looked pretty badass; then delivered a vehicle straight out the Playstation 1. Any concept he pitches can be assumed to be complete bullshit.
That thing looks AI generated. Better than what we got but still ridiculous. I mean, it’s huge but still somehow doesn’t really seem to have much space for passengers or cargo at the same time
Also, why is the cabin aerodynamic while the hood is not? The whole thing is nonsensical
it’s huge but still somehow doesn’t really seem to have much space for passengers or cargo at the same time
So like all modern pickup trucks?
No, a lot worse
the thing we got is unique, that thing looks generic and car shaped as opposed to boxy and finger crushing
Lol this thing with a heavy battery would flip over at the mere sight of a bump, and everyone would die inside
The center of mass is lower due to the battery, so I’d say the opposite is true.
I was going to make a smart ass comment about how bad the Cyber truck is at off-road stuff but it turns out it’s actually hard to tip over even with the chassis above the centreline of the wheels
You’ll also notice it’s gold colored. Direct homage to trumps tastes.
Analysts: “Is this ‘car’ in the room with us right now?”
