Tesla CEO and X owner Elon Musk rides in Tesla's robotaxi at an unveilling event in Los Angeles, California, U.S. October 10, 2024 in this still image taken from video. Tesla/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY NO RESALES. NO ARCHIVES.
Tesla CEO Elon Musk showcased a long-promised robotaxi with two gull-wing doors and without a steering wheel or pedals at a much-hyped event on Thursday, paving the path for what he has bet will drive long-term growth for the electric vehicle maker.Tesla CEO and X owner Elon Musk rides in Tesla's robotaxi at an unveilling event in Los Angeles on Thursday evening.
Analysts and industry experts said establishing robotaxis could take years, particularly given the need to ensure safety and reliability. They pointed to accidents as well as the difficulty the technology has responding to scenarios such as inclement weather, complex intersections and pedestrian behaviour.
Running the Cybercab will cost 20 cents a mile over time, and charging will be inductive, requiring no plugs, Musk said. Operating the robovans will be even cheaper — at five cents a mile.The vehicles will rely on artificial intelligence and cameras rather than hardware common among robotaxi rivals, he said, such as lidar — an approach experts have flagged as challenging both from a technical and regulatory stand point.
Several companies attempting to crack the robotaxi market have suffered billions of dollars in loss, forcing some to shut shop.
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