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Tesla leaves Uber plenty of road

LivemintLivemint · 8m ago
Tesla leaves Uber plenty of road
Medial

- Tesla's recent "We, Robot" event left shareholders disappointed with a lack of details regarding the robotaxi vehicle and service. - Tesla's shares dropped nearly 9% following the event, while Uber's shares jumped nearly 11% as investors saw Tesla's announcement as a best-case outcome for Uber. - Tesla plans to have its robotaxi, called the Cybercab, in production within a couple of years and sell it for less than $30,000. - However, the success of Tesla's robotaxi depends on finding enough riders to fill the fleets and generate returns for individual buyers turned fleet operators. - Other robotaxi operators, like Waymo, have partnered with Uber to leverage its large customer base and existing infrastructure. - Tesla will also face challenges in getting the necessary certifications for full, unsupervised self-driving, which is typically a multiyear process.

Related News

Elon Musk Claims Tesla Employee's Fatal Crash Had Nothing to Do With Full-Self-Driving

GizmodoGizmodo · 1y ago
Elon Musk Claims Tesla Employee's Fatal Crash Had Nothing to Do With Full-Self-Driving
Medial

Elon Musk disputes the Washington Post's report of a Tesla crash that potentially involved the Full-Self-Driving (FSD) feature. Musk claims the software was not even downloaded, contrary to what the report stated. The fatal crash occurred in 2022 near Denver, Colorado, involving a Tesla employee who was reportedly using FSD on a mountain road. However, both the driver and passenger were intoxicated at the time of the incident. The investigation into the crash is ongoing, and Colorado police could not access the car's data due to the intensity of the fire. Critics argue that FSD's experimental nature makes it risky for public road usage. Tesla and Musk have previously defended the technology as safer than human drivers.

Uber, Lyft drivers use Teslas as makeshift robotaxis, raising safety concerns

Economic TimesEconomic Times · 9m ago
Uber, Lyft drivers use Teslas as makeshift robotaxis, raising safety concerns
Medial

- A self-driving Tesla car collided with an SUV in Las Vegas, raising concerns about the safety of autonomous vehicles used for ride-hailing services. - Tesla CEO Elon Musk plans to showcase a robotaxi, a self-driving car for ride-hailing services, and already Tesla owners are using the Full Self-Driving (FSD) software for their own versions of robotaxis. - Tesla owners use FSD to reduce stress and extend their working hours by relying on the software, which costs $99 per month. - While companies like Waymo and Cruise operate heavily regulated test versions of self-driving cabs, Tesla drivers are solely responsible for their vehicles, regardless of whether they use driver-assist software. - Some Tesla ride-hail drivers have reported limitations and shortcomings with FSD software, such as sudden unexplained acceleration and braking, leading them to avoid using it with passengers. - There is a need for better regulations and guidelines to prevent misuse of autonomous driving technology in ride-hail services, as current oversight is limited and leaves room for potential safety risks.

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