Phantomxyz
@phantomxyz
⚡️Tesla lost 8% After Disappointing Robotaxi Presentation ⏺Shares of electric car maker Tesla fell after investors were underwhelmed by its long-awaited robotaxi unveiling. Musk unveiled the Tesla Cybercab concept car - a low, silver two-seater without a steering wheel or pedals - on Thursday evening. It is planned that the car will be able to be driven autonomously. ⏺Tesla's boss said the company hopes to produce the Cybercab until 2027, but did not provide details on where the vehicles would be built. Consumers will be able to buy a Tesla Cybercab for less than $30,000, he said. He also expects Tesla to launch "unsupervised" driver assistance (FSD) in Texas and California in its Model 3 and Model Y electric vehicles next year. So far, the technology requires the presence of a human driver behind the wheel, ready to steer or brake at any time.
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Phantomxyz
@phantomxyz
⏺Following the event, analysts said the announcements failed to highlight any near-term opportunities for Tesla, instead prioritizing Musk's vision for a fully autonomous driving future. It is expected that it will be several more years before self-driving cars become an accepted reality on public roads, as regulators are concerned about the safety features built into such vehicles. Among the few companies that have successfully launched self-driving cars on public roads is Google's Waymo, which has offered its robotaxi service to the general public since June. 📌Powered by V3V Ventures
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