News Republisher

Scouring the news for interesting articles on robotaxis.

TheVerge – Waymo issues software and mapping recall after robotaxi crashes into a telephone pole

The Verge reports that Wayside mo has issued a software update after one of their vehicles crashed into a stationary pole. But Waymo never mentions why the vehicle crashed into a large stationary pole, which shouldn't have happened regardless of mapping or configuration issues.
Read MoreTheVerge – Waymo issues software and mapping recall after robotaxi crashes into a telephone pole

CNBC – Tesla shareholder sues Musk to return billions in alleged unlawful profits

CNBC reports that Elon Musk is once again getting sued, this time by The Employees’ Retirement System of Rhode Island, for artificially boosting Tesla share prices with false information. Surely this will happen again in the future once stockholders realize that Musk's robotaxi claims have all been completely and knowingly false.
Read MoreCNBC – Tesla shareholder sues Musk to return billions in alleged unlawful profits

The Verge – GM pumps $850 million in Cruise to keep struggling robotaxi company afloat

The Verge reports that GM is dumping another $850 million into the dumpster fire that is Cruise. This is on top of the $8.2 billion they have already wasted. At year end they will have to make yet another decision on whether to burn even more money or to just close down the fiasco.
Read MoreThe Verge – GM pumps $850 million in Cruise to keep struggling robotaxi company afloat
Bloomberg

Bloomberg – Tesla Robotaxi Revenue Is Likely Years Away, JPMorgan Warns

Bloomberg reports that JP Morgan has told clients that for Tesla's alleged robotaxi service that there is no material revenue generation expected for years. The article also points out that Elon Musk's self-driving predictions have never panned out. This all further shows that Musk's robotaxi claims are just a distraction to falsely prop up Tesla stock price during declining sales.
Read MoreBloomberg – Tesla Robotaxi Revenue Is Likely Years Away, JPMorgan Warns

Electrek – Tesla paid for Elon Musk’s Boring Company to dig a tunnel under Giga Texas, but why?

Electrek reports that Elon Musk had Tesla pay over $1 million to the Boring Company to dig a completely unnecessary tunnel on Tesla property. This further shows that Elon Musk is misusing Tesla resources for his own personnel financial gain, just as he has been doing with his robotaxi statements.
Read MoreElectrek – Tesla paid for Elon Musk’s Boring Company to dig a tunnel under Giga Texas, but why?