News

The news media has expended considerable effort researching and publishing information about the robotaxi business. This channel highlights some of the important articles.

Bloomberg Opinion – Musk Loses Autonomy in Race for Tesla Robotaxis

Opinion piece in Bloomberg on how Elon Musk's pursuit of robotaxis could be a huge setback for Tesla. Musk has placed more of Tesla’s fortunes in the hands of public officials and processes beyond the routinely accommodating environs of the boardroom and the stock market. Reality, and a lower stock price, will surely result.
Read MoreBloomberg Opinion – Musk Loses Autonomy in Race for Tesla Robotaxis

Electrek – Elon Musk confirms his threat: give me 25% of Tesla or you don’t get AI and robotics

Article by Electrek on Elon Musk's latest extortion attempt. Given that Tesla is not an AI nor a robotics company, that Elon Musk knows nothing about either of those technologies, and that working on them would only distract Tesla from selling more cars, this is a prime opportunity for the Tesla Board to exercise their fiduciary responsibility and simply state "no thanks".
Read MoreElectrek – Elon Musk confirms his threat: give me 25% of Tesla or you don’t get AI and robotics

Fortune – In a single night, self-driving startup Cruise went from sizzling startup to cautionary tale. Here’s what really happened—and how GM is scrambling to save its $10B bet

A detailed article by Fortune on what has happened to Cruise since their October 2nd crash. Though it appears that Fortune still believes that GM will do what is needed to make Cruise successful, when it is actually quite clear that Cruise is doomed.
Read MoreFortune – In a single night, self-driving startup Cruise went from sizzling startup to cautionary tale. Here’s what really happened—and how GM is scrambling to save its $10B bet

Washington Post – Cruise settles with person dragged under one of its robotaxis

Washington Post reports that Cruise settled with the severely injured person who was dragged by their robotaxi October 2nd, 2023. The settlement amount was between $8 million and $12 million, indicating severe and permanently disabling injuries inflicted due to their weak technology.
Read MoreWashington Post – Cruise settles with person dragged under one of its robotaxis
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