It's the millions-of-robotaxis promise again – and all y'all buying it this time, too?
Elon Musk has a strategy and you may have seen it before: When things aren't going well, he'll say something wild to take everyone's eyes off the trouble, and raise share prices with dreams.didn't go well for Tesla, either economically or reputationally. As we reported earlier, sales fell, net profit tumbled off the same cliff Tesla's stock price earlier careened over, and production and deliveries decreased as well.
"We're putting the actual auto in automobile," Musk said last night. The objective, as the billionaire tycoon described it, was to put the self-driving Cybercab on the road in short order, operating alongside privately owned Teslas being rented out for use as an autonomous taxi fleet. The slide deck for the evening even included an image of what Tesla's ride hailing app may look like once it arrives Soon™.
"It's analogous to Amazon Web Services, where people didn't expect that AWS would be the most valuable part of Amazon when it started out as a bookstore," Musk said."If you get to the 100 million vehicle level, which I think we will … you've got a kilowatt of useable compute," Musk said."And unlike laptops and our cell phones, it is totally under Tesla's control," Musk added.
Of course, Optimus has been nowhere to be seen and was barely mentioned during the call. Likewise, Tesla's dreams of tens of millions of robotaxis on the road in the next six years rests on the need for serious technological breakthroughs the automaker has failed to make despite years of trying. Oh, and a ton of permits if this is to operate in the States, at least.
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