Tesla Fails To Justify The Robotaxi Hype With Concrete Figures

Like
1
Favorite

Tesla Fails To Justify The Robotaxi Hype With Concrete Figures

Benzinga10-16

Last week, Tesla Inc (NASDAQ: TSLA) unveiled its long-awaited robotaxi, the star of its next chapter. The Cybercab was revealed at the massive Warner Bros Studios in Burbank, California, known as ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

Leecash
·10-16
Just drop already
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2475666726?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/fRubWsxaudUJNXEcMn3l4Q--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/Benzinga/2c4ac521beda997a1d5f8d22c20d83c4","is_english":true,"pubTime":"2024-10-16 03:08","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2475666726","market":"us","top_or_hot":-1,"title":"Tesla Fails To Justify The Robotaxi Hype With Concrete Figures","media":"Benzinga","content":"<div>\n<p>Last week, Tesla Inc (NASDAQ: TSLA) unveiled its long-awaited robotaxi, the star of its next chapter. The Cybercab was revealed at the massive Warner Bros Studios in Burbank, California, known as ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-fails-justify-robotaxi-hype-190824530.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Fails To Justify The Robotaxi Hype With Concrete Figures</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Fails To Justify The Robotaxi Hype With Concrete Figures\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-16 03:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-fails-justify-robotaxi-hype-190824530.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, Tesla Inc (NASDAQ: TSLA) unveiled its long-awaited robotaxi, the star of its next chapter. The Cybercab was revealed at the massive Warner Bros Studios in Burbank, California, known as ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-fails-justify-robotaxi-hype-190824530.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0034235303.USD","symbol_name":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/tesla-fails-justify-robotaxi-hype-190824530.html","article_id":"2475666726","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/fRubWsxaudUJNXEcMn3l4Q--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/Benzinga/2c4ac521beda997a1d5f8d22c20d83c4"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2475666726","pubTimestamp":1729019304,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Last week, Tesla Inc  unveiled its long-awaited robotaxi, the star of its next chapter. The Cybercab was revealed at the massive Warner Bros Studios in Burbank, California, known as Hollywood. Like the Cybertruck, Tesla’s robotaxi has a futuristic design, but the “We, Robot” event failed to impress. After the event, Tesla CEO Elon Musk’s net worth went down by $15 billion as he holds about 13% of the company’s shares, but he remains the world’s richest person.With production scheduled for some time before 2027, Musk also revealed that the Cybercab, which would compete with rivals including Alphabet Inc -owned Waymo, would cost less than $30,000, which is about the same price as its cheaper Model 3 and Model Y.Moreover, the Cybercab has no plug as it would use inductive charging, one for which Tesla does not currently have infrastructure for, raising many concerns about the cost of making this driverless dream actually happen.This article is from an unpaid external contributor. It does ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","BK4514":"搜索引擎","QID":"纳指两倍做空ETF","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","PSQ":"纳指反向ETF","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","BK4585":"ETF&股票定投概念","SQQQ":"纳指三倍做空ETF","GOOGL":"谷歌A","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","GOOG":"谷歌","QLD":"纳指两倍做多ETF","BK4587":"ChatGPT概念","GM":"通用汽车","TSLL":"Direxion Daily TSLA Bull 2X Shares","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","BK4525":"远程办公概念","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","BK4524":"宅经济概念","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","BK4559":"巴菲特持仓","BK4527":"明星科技股","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","TSLA":"特斯拉","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0724617625.USD":"BGF GLOBAL ALLOCATION \"A4\" (USD) INC","BK4550":"红杉资本持仓","BK4588":"碎股","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","TQQQ":"纳指三倍做多ETF","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓",".IXIC":"NASDAQ Composite","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","AMZN":"亚马逊"},"translate_title":"特斯拉未能用具体数字证明机器人出租车炒作的合理性","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLL":1,"TSLA":1,"GOOG":1,"GM":1,".IXIC":0.88,"GOOGL":0.7,"PSQ":0.6,"QID":0.6,"QLD":0.6,"SQQQ":0.6,"TQQQ":0.6,"AMZN":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"Last week, Tesla Inc (NASDAQ: TSLA) unveiled its long-awaited robotaxi, the star of its next chapter. The Cybercab was revealed at the massive Warner Bros Studios in Burbank, California, known as Hollywood. Like the Cybertruck, Tesla’s robotaxi has a futuristic design, but the “We, Robot” event failed to impress. After the event, Tesla CEO Elon Musk’s net worth went down by $15 billion as he holds about 13% of the company’s shares, but he remains the world’s richest person.\nMore Information About The Cybercab\nWith production scheduled for some time before 2027, Musk also revealed that the Cybercab, which would compete with rivals including Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL)-owned Waymo, would cost less than $30,000, which is about the same price as its cheaper Model 3 and Model Y.  Moreover, the Cybercab has no plug as it would use inductive charging, one for which Tesla does not currently have infrastructure for, raising many concerns about the cost of making this driverless dream actually happen. \nHowever, Musk remains optimistic despite skepticism. \nAfter a decade of failing to meet his own deadlines, Musk’s prediction that production of the Cybercab would begin some time \"before 2027” is seen as questionable. Paul Miller from Research Forrester believes it will be extremely difficult for Tesla to offer a new vehicle at that price within that timeframe, which means Tesla would be making a loss on every vehicle.\nThe glitzy showcase failed to shake off the feeling that Tesla is losing the race.\nThursday was supposed to be the unveiling of Tesla’s new chapter, providing a glimpse of its future built on Musk’s latest driverless dreams. But with Musk’s, history of falling short on promises and Tesla’s past of safety issues, there are many concerns around the Cybercab. Adding to the fact that Alphabet is already operating with Waymo, along with other Chinese firms, Tesla is still far from disrupting the landscape. Many have faltered with automated driving technology when it came to figuring out a profitable business model. For example, it took Google quite some time to scale Waymo. On Thursday, humanoid Optimus robots served drinks and the world got a glimpse of Tesla’s robotaxi fleet, “Cybercab” and “Robovan”, with disappointment in the air. While reasons varied, from not-so-thrilling joyrides in the new vehicles to not-so-self-functioning self-functioning robots and so-on, Tesla failed to impress as it goes up against not only Google and its Waymo, but General Motors (NYSE: GM) and its Cruise autonomous ride-hailing service, as well as Zoox, Amazon.com Inc (NASDAQ: AMZN)’s self-driving subsidiary. All in all, the market was probably mostly disappointed because they the dazzling event failed not provide any concrete numbers.\nDISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.\nThis article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.\nUp Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.\nGet the latest stock analysis from Benzinga?\n\nTESLA (TSLA): Free Stock Analysis Report\n\nThis article Tesla Fails To Justify The Robotaxi Hype With Concrete Figures originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"Product Release","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":360453548081176,"gmtCreate":1729020471630,"gmtModify":1729020475423,"author":{"id":"4135556317610632","authorId":"4135556317610632","name":"Leecash","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"4135556317610632","authorIdStr":"4135556317610632"},"htmlText":"Just drop already&nbsp;","listText":"Just drop already&nbsp;","text":"Just drop already","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360453548081176","repostId":2475666726,"repostType":2,"repost":{"id":"2475666726","kind":"highlight","pubTimestamp":1729019304,"share":"https://ttm.financial/m/news/2475666726?lang=&edition=fundamental","pubTime":"2024-10-16 03:08","market":"us","language":"en","title":"Tesla Fails To Justify The Robotaxi Hype With Concrete Figures","url":"https://stock-news.laohu8.com/highlight/detail?id=2475666726","media":"Benzinga","summary":"Last week, Tesla Inc  unveiled its long-awaited robotaxi, the star of its next chapter. The Cybercab was revealed at the massive Warner Bros Studios in Burbank, California, known as Hollywood. Like the Cybertruck, Tesla’s robotaxi has a futuristic design, but the “We, Robot” event failed to impress. After the event, Tesla CEO Elon Musk’s net worth went down by $15 billion as he holds about 13% of the company’s shares, but he remains the world’s richest person.With production scheduled for some time before 2027, Musk also revealed that the Cybercab, which would compete with rivals including Alphabet Inc -owned Waymo, would cost less than $30,000, which is about the same price as its cheaper Model 3 and Model Y.Moreover, the Cybercab has no plug as it would use inductive charging, one for which Tesla does not currently have infrastructure for, raising many concerns about the cost of making this driverless dream actually happen.This article is from an unpaid external contributor. It does ","content":"<html><body><img height=\"675\" src=\"https://s1.yimg.com/uu/api/res/1.2/BU0g0aGEU9D4UZySHjPgJA--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/Benzinga/2c4ac521beda997a1d5f8d22c20d83c4\" width=\"1200\"/>\n<p>Last week, Tesla Inc (NASDAQ: TSLA) unveiled its long-awaited robotaxi, the star of its next chapter. The Cybercab was revealed at the massive Warner Bros Studios in Burbank, California, known as Hollywood. Like the Cybertruck, Tesla’s robotaxi has a futuristic design, but the “We, Robot” event failed to impress. After the event, Tesla CEO Elon Musk’s net worth went down by $15 billion as he holds about 13% of the company’s shares, but he remains the world’s richest person.</p>\n<h3>More Information About The Cybercab</h3>\n<p>With production scheduled for some time before 2027, Musk also revealed that the Cybercab, which would compete with rivals including Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL)-owned Waymo, would cost less than $30,000, which is about the same price as its cheaper Model 3 and Model Y.  Moreover, the Cybercab has no plug as it would use inductive charging, one for which Tesla does not currently have infrastructure for, raising many concerns about the cost of making this driverless dream actually happen. </p>\n<p>However, Musk remains optimistic despite skepticism. </p>\n<p>After a decade of failing to meet his own deadlines, Musk’s prediction that production of the Cybercab would begin some time \"before 2027” is seen as questionable. Paul Miller from Research Forrester believes it will be extremely difficult for Tesla to offer a new vehicle at that price within that timeframe, which means Tesla would be making a loss on every vehicle.</p>\n<p>The glitzy showcase failed to shake off the feeling that Tesla is losing the race.</p>\n<p>Thursday was supposed to be the unveiling of Tesla’s new chapter, providing a glimpse of its future built on Musk’s latest driverless dreams. But with Musk’s, history of falling short on promises and Tesla’s past of safety issues, there are many concerns around the Cybercab. Adding to the fact that Alphabet is already operating with Waymo, along with other Chinese firms, Tesla is still far from disrupting the landscape. Many have faltered with automated driving technology when it came to figuring out a profitable business model. For example, it took Google quite some time to scale Waymo. On Thursday, humanoid Optimus robots served drinks and the world got a glimpse of Tesla’s robotaxi fleet, “Cybercab” and “Robovan”, with disappointment in the air. While reasons varied, from not-so-thrilling joyrides in the new vehicles to not-so-self-functioning self-functioning robots and so-on, Tesla failed to impress as it goes up against not only Google and its Waymo, but General Motors (NYSE: GM) and its Cruise autonomous ride-hailing service, as well as Zoox, Amazon.com Inc (NASDAQ: AMZN)’s self-driving subsidiary. All in all, the market was probably mostly disappointed because they the dazzling event failed not provide any concrete numbers.</p>\n<p>DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.</p>\n<p><em>This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.</em></p>\n<p>Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. <strong>Click now to access unique insights</strong> that can set you ahead in today's competitive market.</p>\n<p>Get the latest stock analysis from Benzinga?</p>\n<ul>\n<li>TESLA (TSLA): Free Stock Analysis Report</li>\n</ul>\n<p>This article Tesla Fails To Justify The Robotaxi Hype With Concrete Figures originally appeared on Benzinga.com</p>\n<p><i>© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.</i></p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Fails To Justify The Robotaxi Hype With Concrete Figures</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Fails To Justify The Robotaxi Hype With Concrete Figures\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-16 03:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-fails-justify-robotaxi-hype-190824530.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, Tesla Inc (NASDAQ: TSLA) unveiled its long-awaited robotaxi, the star of its next chapter. The Cybercab was revealed at the massive Warner Bros Studios in Burbank, California, known as ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-fails-justify-robotaxi-hype-190824530.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/fRubWsxaudUJNXEcMn3l4Q--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/Benzinga/2c4ac521beda997a1d5f8d22c20d83c4","relate_stocks":{"IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","BK4514":"搜索引擎","QID":"纳指两倍做空ETF","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","PSQ":"纳指反向ETF","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","BK4585":"ETF&股票定投概念","SQQQ":"纳指三倍做空ETF","GOOGL":"谷歌A","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","GOOG":"谷歌","QLD":"纳指两倍做多ETF","BK4587":"ChatGPT概念","GM":"通用汽车","TSLL":"Direxion Daily TSLA Bull 2X Shares","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","BK4525":"远程办公概念","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","BK4524":"宅经济概念","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","BK4559":"巴菲特持仓","BK4527":"明星科技股","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","TSLA":"特斯拉","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0724617625.USD":"BGF GLOBAL ALLOCATION \"A4\" (USD) INC","BK4550":"红杉资本持仓","BK4588":"碎股","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","TQQQ":"纳指三倍做多ETF","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓",".IXIC":"NASDAQ Composite","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","AMZN":"亚马逊"},"source_url":"https://finance.yahoo.com/news/tesla-fails-justify-robotaxi-hype-190824530.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2475666726","content_text":"Last week, Tesla Inc (NASDAQ: TSLA) unveiled its long-awaited robotaxi, the star of its next chapter. The Cybercab was revealed at the massive Warner Bros Studios in Burbank, California, known as Hollywood. Like the Cybertruck, Tesla’s robotaxi has a futuristic design, but the “We, Robot” event failed to impress. After the event, Tesla CEO Elon Musk’s net worth went down by $15 billion as he holds about 13% of the company’s shares, but he remains the world’s richest person.\nMore Information About The Cybercab\nWith production scheduled for some time before 2027, Musk also revealed that the Cybercab, which would compete with rivals including Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL)-owned Waymo, would cost less than $30,000, which is about the same price as its cheaper Model 3 and Model Y.  Moreover, the Cybercab has no plug as it would use inductive charging, one for which Tesla does not currently have infrastructure for, raising many concerns about the cost of making this driverless dream actually happen. \nHowever, Musk remains optimistic despite skepticism. \nAfter a decade of failing to meet his own deadlines, Musk’s prediction that production of the Cybercab would begin some time \"before 2027” is seen as questionable. Paul Miller from Research Forrester believes it will be extremely difficult for Tesla to offer a new vehicle at that price within that timeframe, which means Tesla would be making a loss on every vehicle.\nThe glitzy showcase failed to shake off the feeling that Tesla is losing the race.\nThursday was supposed to be the unveiling of Tesla’s new chapter, providing a glimpse of its future built on Musk’s latest driverless dreams. But with Musk’s, history of falling short on promises and Tesla’s past of safety issues, there are many concerns around the Cybercab. Adding to the fact that Alphabet is already operating with Waymo, along with other Chinese firms, Tesla is still far from disrupting the landscape. Many have faltered with automated driving technology when it came to figuring out a profitable business model. For example, it took Google quite some time to scale Waymo. On Thursday, humanoid Optimus robots served drinks and the world got a glimpse of Tesla’s robotaxi fleet, “Cybercab” and “Robovan”, with disappointment in the air. While reasons varied, from not-so-thrilling joyrides in the new vehicles to not-so-self-functioning self-functioning robots and so-on, Tesla failed to impress as it goes up against not only Google and its Waymo, but General Motors (NYSE: GM) and its Cruise autonomous ride-hailing service, as well as Zoox, Amazon.com Inc (NASDAQ: AMZN)’s self-driving subsidiary. All in all, the market was probably mostly disappointed because they the dazzling event failed not provide any concrete numbers.\nDISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.\nThis article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.\nUp Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.\nGet the latest stock analysis from Benzinga?\n\nTESLA (TSLA): Free Stock Analysis Report\n\nThis article Tesla Fails To Justify The Robotaxi Hype With Concrete Figures originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}