pull down to refresh

A Hollow Promise for Autonomous Passenger Car

A prototype Cybercab, a flashy two-seater with no steering wheel or pedals, was seen navigating some mocked-up streets at the event that ironically took place inside a Hollywood movie studio.
.... the flashy presentation left plenty of glaring questions unanswered. For one, the company didn't show off the long-awaited "Model 2," a rumored $25,000 passenger vehicle that shareholders have said could help the company boost sales.
There was no discussion, for instance, about when said robotaxi could go on sale or how long it would take for Tesla to establish a service that can compete with the likes of the autonomous taxi company Waymo, which maintains a significant lead over the Musk-led carmaker.
Only serves to perpetuate the fraud that is Tesla and Musk. It's always "next year" and some new things to hype/pump the stock while their margins dwindle, whether it's a new roadster, a cheap mass produced vehicle, a 30k...wait no 100k truck, a fleet of robots, AI, robo taxi, etc. he never focuses on core business because he's lost the rhythm. It's why Musk is tying himself to Trump as a lifeline. Trump recently stated he wants to halt autonomous cars on the road, which actually helps Tesla since they are so far behind without any permits or anything, where as it's competitors like Waymo have millions of miles under its belt. I think Musk sees the writing on the wall for him if Trump loses next month.
reply
So true! For me, he's no more than a propoganda machine.
reply
I completely agree. From Mr Musk it's tons and tons and promises... the vast majority of them empty. Shareholders shouldn't be surprised.
reply