Tesla CEO Elon Musk has made headlines after revealing his ambitious Robotaxi vision, which could have both positive and negative consequences. For years, Tesla’s CEO has been gushing about Robotaxis. Musk made bold predictions about Tesla’s Robotaxi plans in 2019, even claiming that such a service could be available as early as the following year. While that didn’t exactly happen, Musk did provide a sneak peek at what Tesla has in store. This includes driverless taxis that can be summoned with the push of a button, as well as ones that may eventually be devoid of any steering wheel or human-controlled instrumentation.
Tesla’s CEO predicted that its Robotaxis would be in high demand, even claiming that they could become more profitable and less expensive than competitors such as Uber and Lyft. Of course, Musk himself highlighted some of the challenges that Tesla will face, such as regulatory hurdles and vehicle accident liabilities, to name a few. That didn’t stop him from making another ambitious statement about what’s to come in Tesla’s Robotaxi future.
Tesla’s Robotaxis could be taking over industries
Musk predicted during Tesla’s annual shareholder meeting that its Robotaxis will be similar to not only Uber but also the lodging service Airbnb (via New York Post). Tesla owners will soon be able to add their personal EVs to the company’s Robotaxi fleet, according to Musk. This allows them to earn extra money when they aren’t driving their EVs, which, as Musk pointed out, spend most of their time “doing nothing” in parking lots. To make that happen, Tesla’s Full Self-Driving system should be operational by then, and Musk remains optimistic about its prospects.
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Tesla CEO Elon Musk claims that a self-driving “general solution” is currently in development, one that would function even in a “randomly generated alternate Earth.” The problem is that autonomous technology is already threatening various jobs at an alarming rate, and Tesla is one of its major drivers (via Insider). Given Musk’s previous estimates of Robotaxis being capable of generating a $30,000 annual yield per unit, investors may soon find autonomous EVs more appealing than leasing real estate. Although it is unclear when Tesla will be able to pull this off, it is unlikely to happen anytime soon. Last year, Lucid CEO and ex-Tesla engineer Peter Rawlinson stated that Robotaxis are still a decade away, citing the difficulty of developing autonomous driving technology.
