Tesla, Elon Musk and robotaxi
Digest more
A bottomless well of money and an ability to hypnotize Wall Street with promises of an autonomous driving future. He’s starting to run into the limits of both.
The Tesla (TSLA) chief executive and former head of the Department of Government Efficiency has been on what analysts have described as an apology tour after his much-publicized falling out with President Donald Trump.
While Tesla is on the verge of starting a new chapter, Alphabet’s Waymo has been quietly providing actual paid robotaxi rides to customers in San Francisco, Phoenix, Los Angeles, and Austin, where Tesla’s test will begin.
While Tesla may be unveiling its robotaxi on the streets of Austin, these five companies are leading the robotaxi revolution and haven't suffered quite the same brand damage as Tesla.
“You have a regulatory environment that’s keen to capitalize on these developments,” says Alison Brooks, research vice president for worldwide public safety at IDC. “At the same time, it’s a blue city in a red state that’s predisposed towards alternative vehicles that are more environmentally friendly.”
Explore more
2don MSN
Tesla shares have surged in anticipation of the launch of the company's robotaxi service in Austin, Texas, this week. Goldman Sachs says Tesla has advantages in the AV market, but questioned its ability to meet CEO Elon Musk's targets.