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News on Medial
The trouble with Elon Musk’s robotaxi dream
Livemint
·
7m ago
Medial
Elon Musk's robotaxi launch showcased his vision for an autonomous Cybercab that would serve as "individualized mass transit". However, the event was light on details and disappointed investors, with Tesla's share price falling by 9% the following day. While robotaxi services have emerged in various cities, there are still uncertainties surrounding profitability and scaling them to more challenging urban environments. Waymo is currently the leader in the field, with other companies like Cruise, Zoox, and Chinese firms Baidu, Pony.ai, WeRide, and Didi also experimenting with robotaxis. Tesla's approach relies on a "full-self driving" system that uses cameras, but it will need to navigate regulatory approval and address safety concerns. The question of who will own and operate robotaxi fleets also remains unanswered.
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Musk’s AI ambitions approach make-or-break moment with Tesla Robotaxi reveal
Livemint
·
10m ago
Medial
- Tesla is expected to unveil its first driverless car and announce details about a forthcoming robotaxi service. - Elon Musk has described this as Tesla's most significant moment since the launch of the Model 3 sedan in 2017. - The event is scheduled for 7 p.m. Pacific time at Warner Bros. studios in Burbank, Calif. - Analysts anticipate that Musk will showcase a functioning autonomous vehicle and provide a timeline for its launch. - Tesla's stock has rallied ahead of the presentation, with shares up 52% since the announcement in April. - Musk has referred to the robotaxi as the Cybercab and previous sketches depict an almond-shaped, two-seater vehicle without a steering wheel or pedals.
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Tesla Unveils Two-Seater Cybertruck-Inspired Robotaxi Concept
Robots
·
1y ago
Medial
A new image of a Tesla robotaxi concept inspired by the Cybertruck design has emerged from Elon Musk's biography by Walter Isaacson. The concept features a two-door, two-seater compact vehicle with angular edges and stainless steel finish. The book also reveals an early robotaxi prototype with room for luggage behind the seats. Elon Musk envisions a fully autonomous robotaxi without pedals or a steering wheel, despite current safety standards. The robotaxi concept aligns with Tesla's goal of deploying autonomous vehicles for ride-hailing services, with plans to launch one by 2024.
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When will Elon Musk’s driverless car claims have credibility?
Livemint
·
1y ago
Medial
Elon Musk is set to reveal Tesla's long-promised robotaxi in August, prioritizing this project over the development of a low-price consumer car intended for human drivers. However, experts argue that true self-driving capability will only be achieved when Tesla takes liability for crashes that occur under its vehicles' control. Musk's ambitious vision of an autonomous fleet being deployed as on-demand taxis is contingent on the success of Tesla's Full Self-Driving system. Despite concerns over Tesla's delivery numbers and tapering growth, some investors believe the latest version of the system should generate new revenue and enthusiasm.
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Elon Musk says he'll unveil a Tesla robotaxi on August 8
TechCrunch
·
1y ago
Medial
Elon Musk announced plans to reveal a Tesla robotaxi on August 8th, following reports of ditching a $25,000 low-cost electric vehicle in favor of focusing on the robotaxi project. The decision comes amid lagging EV sales and falling profits for Tesla. Musk had previously debated between a traditional car and an autonomous robotaxi, with promises of autonomous capabilities in Tesla vehicles. Tesla's current driver-assistance system, Autopilot, does not offer full self-driving capabilities.
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Elon Musk’s SpaceX might invest $2 billion in Musk’s xAI | TechCrunch
TechCrunch
·
26d ago
Medial
SpaceX is reportedly investing $2 billion in Elon Musk's AI startup, xAI, as part of a broader $5 billion equity raise. This marks SpaceX's first and largest investment in another company. xAI’s chatbot Grok is already used for customer service in SpaceX’s Starlink service, with further collaborations anticipated. Despite recent controversies, including Grok's offensive comments, Tesla plans to incorporate Grok into its vehicles, highlighting Musk's strategy of cross-company support.
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Tesla gets first in a series of permits it needs to run robotaxis in California
Economic Times
·
4m ago
Medial
Tesla received initial approval from California to potentially launch a robotaxi service. The California Public Utilities Commission granted the company a transportation charter-party carrier permit, which allows operating a vehicle fleet for pre-arranged trips. However, this permit doesn't authorize autonomous public ride services. Tesla still needs additional permits from the California DMV and CPUC for a fully operational robotaxi service. Despite CEO Elon Musk's focus on robotaxis, further applications and approvals are necessary.
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Elon Musk’s introduction to politics | TechCrunch
TechCrunch
·
2m ago
Medial
Elon Musk has become heavily involved in politics, aligning with Republicans to address government waste. However, he is frustrated with a new Congressional bill that impacts Tesla adversely, describing it as a "disgusting abomination." The bill proposes ending the EV tax credit in 2026 and restricts solar tax credits, threatening Tesla's energy and automotive divisions. Musk's alignment with politics hasn't shielded Tesla from policies affecting clean energy and electric vehicles.
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Will Tesla's robotaxi reveal live up to hype?
Economic Times
·
10m ago
Medial
- Elon Musk is set to host a highly anticipated robotaxi event termed "We, Robot" at Warner Brothers studio in Los Angeles. - Expectations are that Tesla will reveal a prototype of its robotaxi, aiming for autonomous transportation. - Musk has pushed back the event from August to implement crucial improvements to the vehicle. - Despite concerns about regulatory barriers, Musk believes that once safety is proven, regulators will be supportive of autonomous vehicle deployment. - Some analysts are skeptical about widespread Tesla robotaxi deployment in the near future, citing the need to address regulatory issues and operational challenges. - Tesla's autonomous technology could potentially outperform rivals like Waymo and GM, as claimed by Musk.
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Elon Musk’s computer coup
The Verge
·
5m ago
Medial
On The Vergecast, David Pierce discusses Elon Musk’s influence over US government systems, analyzing the risks and implications. The episode also covers tariff issues affecting tech products, highlighting potential price hikes and distribution challenges. Additionally, it explores changes in the streaming industry, including Fox’s new service and Disney’s cable strategy. Lastly, the hosts delve into Sonos's upcoming products, FCC controversies, and OpenAI's branding updates. The discussion encompasses technology, politics, and media shifts.
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Harsh Jain's Dream11 enters casual real money gaming segment with Dream Play
IndianStartupNews
·
1m ago
Medial
Dream Sports, the company behind Dream11, has ventured into India's casual real-money gaming market with Dream Play, a new platform offering games like Carrom and Pool. Available on Google Play Store and App Store, Dream Play features various game modes and Mega Contests with cash prizes. This move positions Dream Play against established competitors like MPL and WinZO. Dream Sports, valued at $8 billion, reported significant revenue growth, further diversifying its offerings beyond fantasy sports.
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