Elon Musk Says Buses Won't Be Needed Once Tesla Robotaxis Start Operating: 'Will Take People Point To Point For A Similar Cost'
Portfolio Pulse from Anan Ashraf
Elon Musk announced that Tesla's autonomous driving technology will eventually eliminate the need for buses, as Tesla robotaxis will offer point-to-point transportation at a cost similar to bus tickets. Tesla plans to enhance its Full Self-Driving (FSD) software and introduce a dedicated robotaxi service, with a portion of the fleet owned by Tesla and the rest contributed by individual Tesla owners. The rollout of unsupervised driving is expected by late 2024 or 2025, although Musk's timelines have been known to change.
September 23, 2024 | 12:30 pm
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Elon Musk suggests Tesla's robotaxis will replace buses, offering affordable point-to-point rides. Tesla is enhancing its FSD software and plans to launch a robotaxi service, potentially boosting TSLA's stock as the company advances in autonomous driving.
Elon Musk's statement about Tesla's robotaxis replacing buses highlights the company's progress in autonomous driving technology. The potential launch of a robotaxi service and improvements in FSD software could positively impact Tesla's stock, as these developments align with the company's long-term goals and market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100