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Five takeaways from Tesla’s robotaxi show

Livemint · 7m

- Tesla unveiled its new fully autonomous cars, the Cybercab and Robovan, which will be used for ride-sharing and compete with Waymo, Cruise, Uber, and Lyft. - The Cybercab will be priced under $30,000, making it more affordable than similar vehicles on the market. - Tesla plans to deploy a "fully autonomous" version of its driver-assistance system, Full Self Driving, in Texas and California next year, with further expansion based on regulatory approval. - Elon Musk envisions a future where self-driving cars not only transport people but also perform various other tasks, leading to an "age of abundance." - Few new details were provided regarding Tesla's business model for driverless taxis, leaving questions about revenue projections and regulatory challenges unanswered.