Tesla is set to host its Robotaxi event on October 10th, and Morgan Stanley analyst Adam Jonas believes it could be a significant moment for the company’s autonomous ride-sharing ambitions. Jonas expects Tesla to showcase a cybercab demonstration and discuss potential launch timelines, focusing on both fully autonomous and supervised ride-sharing services. The analyst also predicts Tesla will reveal details about target metro areas, FSD hardware installations, potential price cuts for FSD, and driver economics.
Results for: Robotaxi
Wedbush analyst Dan Ives anticipates Tesla’s third-quarter deliveries to surpass expectations, driven by robust demand in China and favorable financing terms. He also highlighted the upcoming Robotaxi event as a key catalyst for the company.
WeRide, a leading robotaxi company, has announced a strategic partnership with Uber to bring its driverless vehicles to the Uber platform, starting in the UAE by the end of the year. This partnership marks a significant step for WeRide, which is also aiming to relaunch its stalled U.S. IPO after receiving new approval from China’s securities regulator.
Tesla stock surged on Monday, driven by optimism around third-quarter deliveries. A fund manager, Gary Black, believes the upcoming Robotaxi launch event on October 10th might not be a significant catalyst for the stock, but a new, affordable compact car could be. He argues that this new model would boost Tesla’s market share and could even propel the stock higher.
Elon Musk, CEO of Tesla, believes that buses will become obsolete when his company’s full self-driving (FSD) technology matures. He argues that autonomous Tesla vehicles will offer point-to-point transportation at an affordable price, rivaling bus fares. Musk envisions a future where Tesla’s robotaxi fleet, operated like a combination of Airbnb and Uber, will dominate the transportation landscape.
Waymo, Alphabet’s self-driving car subsidiary, is reportedly in talks with Hyundai Motor to contract manufacture its robotaxis. This potential partnership could see Waymo utilize Hyundai’s Ioniq 5 electric vehicles for its 6th-generation self-driving technology, a shift from its previous plans to use Zeekr vehicles due to increased tariffs on EV imports from China.
Tesla has filed a patent for a wireless charging system, potentially hinting at a new feature for its upcoming robotaxi, set to be unveiled on October 10th. The patent, published on September 6th, details a system for estimating parameters associated with a converter to configure wireless charging settings. This development comes as Tesla prepares to showcase its robotaxi technology, potentially featuring wireless charging, at a highly anticipated event next month.
Tesla is making headlines with its new electric train, upcoming self-driving technology demonstration, and a potential collaboration with Worksport for a range-extending solution for its EVs. Learn about these exciting developments and their implications for the future of transportation.
Tesla has announced that its highly anticipated robotaxi unveiling event will take place in Los Angeles on October 10th. Shareholders have the opportunity to attend in person through a random draw, with winners being announced in the week of September 23rd. This event marks a significant step in Tesla’s ambition to transition from an EV manufacturer to an AI and robotics company, with a focus on autonomous driving technology and humanoid robots.
Tesla, known for its reliance on cameras for its Full Self-Driving system, was recently spotted testing a Model X equipped with LiDAR. This contradicts CEO Elon Musk’s previous statements against LiDAR technology. The sighting raises questions about Tesla’s approach to autonomous driving and the role of LiDAR in its future.