News Republisher

Scouring the news for interesting articles on robotaxis.
  • Joined: 12/29/2023
  • Articles: 259

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?

AutoEvolution – Tesla FSD V12.4.1 Doesn’t Live up to the Hype, Still Praised for Removing the Steering Nag

AutoEvolution reports that the much hyped (by Elon) FSD V12.4.1 isn't working that well. Clearly Tesla does not have the technology for real AVs that would be needed for robotaxi service. The whole robotaxi hype is clearly just a way of artificially keeping their stock price high.
Read MoreAutoEvolution – Tesla FSD V12.4.1 Doesn’t Live up to the Hype, Still Praised for Removing the Steering Nag

Reuters – Tesla must face California’s false-marketing claims concerning Autopilot

Reuters reports that has ruled that the California Department of Motor Vehicles should indeed investigate whether Tesla has overstated its vehicles' self-driving capabilities. It is a separate ruling from the recent May 15th one on whether a class-action lawsuit against Tesla's claims can proceed.
Read MoreReuters – Tesla must face California’s false-marketing claims concerning Autopilot

Electrek – Zoox is expanding autonomous robotaxi rides to new US cities

Electrek reports that Zoox is still trying to provide robotaxi service. Limited testing will now occur in Miami and Austin. But this just a baby step forward, first with just mapping streets using a Toyota Highlander. They are still far away from providing passenger service. In fact, they are so far away they put out pathetic press releases like this one.
Read MoreElectrek – Zoox is expanding autonomous robotaxi rides to new US cities