Uber CEO Dara Khosrowshahi weighs in on Tesla’s ambitious plans for autonomous vehicles, acknowledging the potential for competition but also highlighting the possibility of collaboration. Khosrowshahi believes both Tesla and Waymo will ultimately achieve full autonomy, although he favors Waymo’s approach in the near term. He also expresses doubts about the feasibility of Tesla’s robotaxi fleet model, highlighting the complexities of running a taxi service.
Taiwan’s Ministry of Economic Affairs (MOEA) showcased its latest technological advancements at the Taiwan Innotech Expo, including an AI Solid-State LiDAR system developed by the Industrial Technology Research Institute (ITRI). This cutting-edge technology, aimed at the burgeoning autonomous vehicle market, surpasses existing algorithms in precision and performance, paving the way for Taiwan to become a major player in this industry.
Taiwan’s Department of Industrial Technology (DoIT) showcased its first domestically developed AI Solid-State LiDAR system at the 2024 Taiwan Innotech Expo, aiming to capture a share of the booming autonomous vehicle market. This cutting-edge technology, developed by the Industrial Technology Research Institute (ITRI), boasts superior accuracy and performance compared to existing algorithms. The DoIT, alongside other research institutions, presented a range of innovative technologies, including AI-powered drones and advanced sustainable solutions for the bicycle industry, highlighting Taiwan’s commitment to technological advancement and industrial transformation.
Tesla’s highly anticipated Robotaxi Day unveiled autonomous vehicles with potential names like ‘Robotaxi’ and ‘Robovan’, sparking debate and raising questions about their future. Despite the exciting vision, production remains years away and regulatory hurdles exist. This article delves into the latest developments, challenges, and potential impacts on Tesla’s stock.
The global automotive sensors market is on a fast track to reach US$ 61.7 billion by 2034, fueled by the rise of autonomous vehicles and increasing demand for advanced safety features. This report dives into the key drivers, technologies, and regional trends shaping the market’s growth.
The global automotive smart antenna market is poised for rapid growth, projected to reach US$ 8.5 billion by 2034, driven by the increasing integration of connectivity features in vehicles, especially with the adoption of 5G and the rise of autonomous vehicles. This market is fueled by advancements in technology, like MIMO and beamforming, and the demand for intelligent, connected vehicle systems. Europe is expected to lead the market, followed by the Asia Pacific region, driven by the popularity of SUVs and the growing adoption of advanced automotive technologies in countries like India and China.
Tesla’s highly anticipated robotaxi reveal event on Friday fell flat with investors, causing the company’s stock to plummet by 10%. Analysts criticized the lack of concrete details and the limited scope of the demonstration, raising doubts about the viability of Tesla’s autonomous vehicle plans. Meanwhile, Uber’s stock surged, suggesting that investors still see value in traditional ride-hailing services.
Tesla’s highly anticipated ‘We, Robot’ event, showcasing its autonomous Cybercab and other robotics developments, failed to ignite investor enthusiasm. While the Cybercab’s design and affordability impressed, its 2026/2027 production timeline and the lack of immediate catalysts for growth contributed to a sharp decline in TSLA stock.
Tesla has officially unveiled its highly anticipated robotaxi, the ‘Cybercab,’ featuring a futuristic Cybertruck-inspired design and lacking both a steering wheel and pedals. CEO Elon Musk, arriving at the event in the prototype, aims to begin production in 2026. The Cybercab will utilize inductive charging and compete with existing players like Waymo and Cruise in the autonomous ride-sharing market.
Tesla’s highly anticipated Robotaxi Day on October 10th promises to be a pivotal event for the company and the autonomous vehicle industry. With the event titled “We Robot,” Tesla is expected to unveil its long-awaited robotaxi, potentially along with other surprises like updates on its Optimus bot and a $25,000 vehicle. This event could have significant implications for Tesla’s future and the broader EV market.
