Cruise Q2 financials are much worse than presented
Michael Smith digs into the GM Q2 2024 financial returns and finds out that the financial situation of Cruise is far more precarious than presented.
Robotaxi.news
Are robotaxis the future? Or now in the past?
Robotaxi.news
Are robotaxis the future? Or now in the past?
News
The news media has expended considerable effort researching and publishing information about the robotaxi business. This channel highlights some of the important articles.
Read MoreCruise Q2 financials are much worse than presented
NY Times – G.M. Will Restart Cruise Taxi Service
NY Times reports that Cruise has restarted operations in Dallas, Houston and Phoenix, though with human safety drivers. Article also reports that Cruise has lost $500 million for the first 6 months of 2024.
TechCrunch – Elon Musk sets new date for Tesla robotaxi reveal, calls everything beyond autonomy ‘noise’
TechCrunch reports that a new date of October 10th has been set for the Tesla robotaxi "unveiling". Unanswered is whether this "unveiling" will be even more embarassing than the Tesla robot mime one.
TechCrunch – Alphabet to invest another $5B into Waymo
TechCrunch reports that Waymo is committing a new round of funding of "up to $5B" over the next few years. This is not truly news though since it is just consistent with their recent annual investments.
TechCrunch – The Waymo-Zeekr robotaxi has come to San Francisco
TechCrunch reports on how Waymo is testing Chinese Zeekr vehicles as a possible replacement for their Jaguar I-Paces. But Congress might limit or ban Chinese connected vehicles.
The Verge – Elon Musk is not answering the most important questions about the Tesla robotaxi
The Verge reports that Elon Musk is still avoiding the most basic question on the supposed Tesla robotaxi: will it have a steering wheel? If not, as has been hinted, then there would be incredibly long delays due to regulatory issues.
Wired – Waymo Is Suing People Who Allegedly Smashed and Slashed Its Robotaxis
Wired reports on while Waymo doesn't pay to use public streets, it is now suing people for damages when people fight back.
NY Times – SoftBank’s Chief Pitches a New Path for Self-Driving Cars
NY Times reports on how Masayoshi Son, the billionaire founder of SoftBank, is trying to get automotive makers around the world to join forces to develop autonomous driving.
SF Chronicle – The next wave of robotaxis is driving outside of S.F. They’re unlike anything you’ve experienced
The SF Chronicle reports on how Zoox is running their autonomous vehicles south of San Francisco. They are not currently permitted for commercial service on public roads.
Fortune – Tesla shares will surge 10-fold on Elon Musk’s robotaxi plan, says Ark CEO Cathie Wood
Fortune reports on Cathie Wood still being absurdly bullish on Tesla stock based on Musk's false promises of robotaxis, robots, and AI.
SF Standard – Suspect argues with Waymo before attacking disabled person, fracturing his skull, cops say
SF Standard reports that a drunk person accosted a Waymo, and then attacked a disabled person, rendering them unconscious and in the hospital.
Electrek – Elon Musk confirms Tesla Robotaxi delay, says front design change
Electrek reports on Elon Musk's dubious claims that the 8/8 robotaxi event had to be delayed due to him asking for "front end changes".
SF Standard – Woman tire-slashed 17 robotaxis, prosecutors say. But Waymo was watching
SF Standard reports that a person who allegedly slashed the tires of 17 Waymo robotaxis is being held in jail without bail. Also, “Waymo is also taking steps to recover the damages sustained". Google has become pure evil.
Jalopnik – Of Course Tesla Is A Meme Stock Now
Jalopnik reports: yup, Tesla is a pure meme stock now, completely adrift from the company's financials.
Washington Post – Tesla sells ‘Self-Driving’ cars. Is it fraud?
Washington Post reports on how Tesla claims of 'self-driving' cars is now being called, by some, "fraud". An excellent article that explains the legal jeopardy that Tesla has been placed into by its CEO.
