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Robotaxis are not just limited by weak technology. They unfortunately also don’t make any business sense…

Washington Post – Cars may soon warn speeders to slow down. Will Americans listen?

Washington Post reports on California legislation that would require vehicles built after 2030 to warn drivers when they are speeding. Even though this would obviously improve safety, it is being fought against by automobile manufactures and the constitutional right to recklessly speed community. But if safety is the goal, this type of technology would make much more of a difference than robotaxis, given it would apply to all new cars.
Read MoreWashington Post – Cars may soon warn speeders to slow down. Will Americans listen?

SF Examiner – California ban on driverless trucks heads to Newsom’s desk — again

SF Examiner reports that the California state Legislature has once again approved requiring vehicles over 10,000 to have a human operator on board. It is now up to Gov Newsom to sign the legislation. But given his love of lobbyists he will most likely veto it for the second time.
Read MoreSF Examiner – California ban on driverless trucks heads to Newsom’s desk — again

Business Insider – Elon Musk’s Twitter takeover has ended up as the worst buyout deal for banks since the financial crisis

Business Insider reports that Elon Musk's buyout of Twitter was the worse deal for banks in a long time. The banks still are burdened by not being able to sell off these risky loans. This is more evidence that Tesla/Musk do not even have the financial capability of creating a robotaxi fleet.
Read MoreBusiness Insider – Elon Musk’s Twitter takeover has ended up as the worst buyout deal for banks since the financial crisis

Bloomberg – Elon Musk’s Delayed Tesla Robotaxis Are a Dangerous Diversion

Bloomberg reports on how the vaporware robotaxi demo originally schedules for August 8th did of course not happen. Plus the whole robotaxi concept appears to simply be a diversion to boost up Tesla stock prices. And it has worked! Meanwhile, a motorcyclist was killed by a Tesla driver using FSD.
Read MoreBloomberg – Elon Musk’s Delayed Tesla Robotaxis Are a Dangerous Diversion

Pittsburgh Post-Gazette – Aurora raises $483 million from public offering to fund driverless trucking launch

Pittsburgh Post-Gazette reports that Aurora has raised $483 million. This was significantly over their $350 million offering, but increased due to investor demand. They still are looking for another $350 million in investments. Despite these large numbers they only now have enough cash for operations through the end of 2025.
Read MorePittsburgh Post-Gazette – Aurora raises $483 million from public offering to fund driverless trucking launch