News Republisher

Scouring the news for interesting articles on robotaxis.

Joined: 12/29/2023
Articles: 147

$$$, News, Tesla

Fortune – Elon Musk accused of selling $7.5 billion of Tesla stock before releasing disappointing sales data that plunged the share price to two-year low

News Republisher
06/3/24

Fortune reports that Elon Musk is now facing a lawsuit alleging that he misled investors with fake "epic end of year" sales info while dumping billions of dollars of stock using insider information. This is of course similar to Musk recently propping up stock price with fake robotaxi claims.

$$$, Cruise, News

NY Times – The Very Slow Restart of G.M.’s Cruise Driverless Car Business

News Republisher
05/30/24

NY Times article on the difficulties Cruise is facing to restarting commercial robotaxi service. Given their many problems described in the article one has to assume that GM will dump Cruise sooner rather than later.

$$$, News, Safety

Fortune – How Waymo outlasted the competition and made robo-taxis a real business

News Republisher
05/29/24

Fortune reports on how difficult the robotaxi business is, and how Waymo has outlasted the other companies. But somehow Fortune is impressed with Waymo serving 50,000 rides/week. At $20/ride this is only about $50 million a year, a pittance compared to the billion dollars+ that they are spending.

News, Safety

Insurance Institute for Highway Safety (IIHS) – On vehicle automation, federal regulators have some catching up to do

News Republisher
05/29/24
Rev 06/4/24

The Insurance Institute for Highway Safety (IIHS) reports that the federal regulation of vehicle automation is currently completely inadequate. Six US senators have called attention to how the NHTSA needs to change their hands off approach to autonomous vehicles.