Key Takeaways Former Waymo CEO, John Krafcik, expresses skepticism about Tesla’s readiness for a robotaxi launch and suggests potential for “faking” the service. Krafcik criticizes Tesla’s reliance solely on cameras for its autonomous vehicles, pointing out the industry’s preference for additional sensors like radar and lidar. The Cybercab prototype by Tesla is critiqued for its…
Key Takeaways Tesla has applied for an autonomous ride-hailing license in California, following plans to launch similar services in Austin, Texas, later this year. The application is for a “transportation charter-party carrier permit” from the California Public Utilities Commission. Tesla aims to introduce a fleet of autonomous ride-sharing vehicles, leveraging its extensive Full Self-Driving Beta…
Key Takeaways Multiple Tesla Cybercabs have been spotted in testing at Giga Texas with a steering wheel, sparking speculation about potential consumer availability. Drone footage reveals an increased volume of Cybercab testing, showing at least three being tested at once, and possibly more. The presence of a steering wheel and human operator suggests Tesla might…
Key Takeaways Tesla Cybercab aims to focus initially on short-distance trips within cities, particularly for ride-sharing purposes. Long-term goals include enabling the Cybercab for autonomous long-distance trips, making it road trip ready. Key to long-distance capability is Tesla’s development of wireless charging technology to support seamless travel. Lars Moravy, VP of Vehicle Engineering, discussed these…
Key Takeaways Tesla plans to deploy in-house robotaxi services, rather than using platforms like Uber. Uber CEO Dara Khosrowshahi mentioned discussions with Elon Musk, emphasizing Tesla’s desire to independently manage their robotaxi rollout. Tesla sees competition from Alphabet’s Waymo and potentially from collaborations like Uber, despite potential economic advantages of partnering. Tesla has been testing…
Key Takeaways Tesla is preparing for the mass production of the Cybercab at Giga Texas, with volume production starting in 2026. The Cybercab will utilize Tesla’s next-generation “unboxed” manufacturing strategy. Tesla’s Cybercab is designed for autonomous driving and lacks a steering wheel or pedals. The vehicle features a spacious trunk capable of accommodating multiple golf…
Key Takeaways Wedbush Securities raises Tesla’s price target from $515 to $550 per share, reflecting confidence in their market strategy for 2025. The expected fast-tracking of Tesla’s FSD program under the Trump administration is a key factor in the bullish outlook. Analyst Dan Ives has a bull case price target of $650 per share, assuming…
Key Takeaways Tesla stock surged by 2.3% in premarket trading following Morgan Stanley’s optimistic forecast. Morgan Stanley raised Tesla’s price target from $400 to $430. The $800 bull case scenario hinges on Tesla’s potential in the robotaxi market. Morgan Stanley predicts over 1 billion miles driven daily by Tesla’s global fleet by 2030. By 2040,…
🚖 Tesla is initiating early talks with Austin officials to launch a Robotaxi fleet. 🗺️ The Robotaxi launch is targeted for Texas and California, potentially starting in 2025. 📧 Emails between Tesla and Austin city officials indicate discussions have begun, but they are still in the preliminary phase. 🚗 The future Robotaxi service will offer…
🏙️ Tesla’s new Cybercab is designed in gold to modernize New York City’s classic yellow taxi appearance. 🚖 Lead designer Franz von Holzhausen emphasized that the gold color gives the Cybercab a futuristic touch. 🎥 The design reveal video, less than 10 minutes long, also highlights the Cybercab’s autonomy features. 🚗 The Cybercab will feature…