Tesla’s value drops $60bn after investors fail to hail self-driving ‘Cybercab’ | Automotive industry
Tesla shares fell 8% after the announcement of its long-awaited so-called robotaxis failed to excite investors, wiping about $60 billion from the company's value. The electric car maker's stock fell to $219.40 in early trading Friday after a Hollywood event in which CEO Elon Musk unveiled his much-touted self-driving car. Musk said the company would […]
Musk unveils Robotaxi, unsupervised full self-driving future: ‘That’s what we want’
Elon Musk debuted Tesla's new self-driving robotaxis, which will be available by 2026. Tesla CEO Elon Musk unveiled a new self-driving car called Robotaxi and declared it “the bright future” at an event in California. The two-seater vehicle, which has no steering wheel or pedals, is expected to be available by 2026 and will cost […]
The hidden risks of self-driving cars: Is your freedom at stake?
For years, people have dreamed of self-driving cars, imagining a future world where self-driving cars drive us around without a human at the wheel. For many, this future always seems too far away to be taken seriously. But what millions of Americans don't realize is that this future is likely not far away. In fact, […]
Sleep your way to your destination with this futuristic self-driving sleep pod
Have you ever been on an overnight trip that you just can't wait for to be over? Cramped seats and noisy passengers keep you up all night, leaving you exhausted before you even reach your destination? We've all been there. In fact, new technologies are being researched that could turn such scary journeys into something […]
Safety Concerns Are Mounting About Elon Musk’s Tesla ‘Full Self-Driving’ System
Tesla's “full self-driving” system has come under intense scrutiny after accidents and experts raised questions about its safety and readiness for widespread use, even as Elon Musk promotes the company's cars as the robot taxis of the future. AP News Reports Tesla's vaunted “Full Self-Driving” (FSD) system, currently used by roughly half a million Tesla […]
Tesla in Seattle-area crash that killed motorcyclist was using self-driving system, authorities say
Washington state authorities have determined that a Tesla car that struck and killed a motorcyclist near Seattle in April was operating using the company’s “full self-driving” system at the time of the accident. Washington State Police investigators made the discovery after downloading information from the accident data recorder of a 2022 Tesla Model S, department […]
Analyst had to intervene to keep Tesla’s full self-driving mode from crashing
Barron’s Senior Market Analysis Writer Paul La Monica discusses the uncertainty of investment returns on Barron’s Roundtable. Financial analysts Tesla CEO Elon Musk He suggested investors would need to try out the company’s so-called fully self-driving (FSD) feature to understand it, saying the company narrowly avoided a collision while testing the system. Truist Securities analyst […]
The overlooked danger of Chinese self-driving cars on roads in America
Self-driving cars are gaining popularity in the US, and while Elon Musk’s Tesla leads this new automotive sector, many new companies are beginning to emerge or are being established. However, a report from Fortune magazine highlights how these self-driving cars, especially those made in China, pose a significant danger to Americans. Fortune magazine reported that […]
Ready or not: Self-driving robo rides are rolling into reality
The Motor City is igniting its engine of innovation again. This time, it’s about cutting-edge autonomous vehicles (AVs) designed to serve those who need it most. May Mobility, a leader in AV technology and deployment, has kicked off its 14th deployment in downtown Detroit. But what makes this program unique? Let’s take a closer look. […]
Tech that’s turning big rigs, trucks, even tanks into self-driving vehicles
Have you ever been driving down the highway, seen a large truck beside you, and wondered, “What if those trucks could drive themselves?” So fasten your seat belt and get ready: thanks to companies like Kodiak Robotics, that future is closer than you think. We know what you’re thinking: “Self-driving trucks? Really?” It’s a legitimate […]