After a decade of Elon Musk promising Tesla robotaxis, here’s what we know
Publishing timestamp: 2024-10-02 18:52:48
Summary
Elon Musk will unveil design of Tesla's autonomous cabs next week, but experts are skeptical of the company's strategy. Competitors like Waymo, Zoox, Pony.ai, and Baidu are already operating commercial robotaxi services. The market could be lucrative, with one estimate predicting $50 billion in annual robotaxi bookings by 2030. Tesla's potential pivot to autonomy is crucial as U.S. EV sales growth slows.
Sentiment: MIXED
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Source: https://www.cnbc.com/2024/10/02/elon-musks-decade-long-journey-to-tesla-robotaxis-.html