Tesla’s Disappointing Robotaxi Event Sent Shares of Uber and Lyft Soaring

“We consider the event a best-case outcome for Uber.” Best-Case Scenario Tesla’s stock took a dive following its much-hyped but disappointingly lackluster robotaxi event. But ironically, Uber and Lyft — two ride-sharing companies who theoretically stand to lose some of their dominance if a competitor’s driverless taxi service takes off — saw their stocks soar.… Continue reading Tesla’s Disappointing Robotaxi Event Sent Shares of Uber and Lyft Soaring

Ride-sharing giants Uber, Lyft jump after Tesla’s ‘toothless taxi’ fails to excite investors

The Uber logo is seen in the rain in Krakow, Poland, on Jan. 6, 2024. Klaudia Radecka | Nurphoto | Getty Images Tesla‘s hyped robotaxi unveiling posed a threat to Uber‘s ride-sharing aspirations, but it has turned into a boon for the stock instead. Uber shares had been falling on the initial investor excitement leading up… Continue reading Ride-sharing giants Uber, Lyft jump after Tesla’s ‘toothless taxi’ fails to excite investors

Tesla shares drop 9% after Cybercab robotaxi reveal ‘underwhelmed’ investors

Tesla unveils its “Cybercab” on October 10, 2024 in Burbank, California. Source: Tesla  Tesla shares closed down nearly 9% on Friday after the electric vehicle company’s long-awaited robotaxi event failed to impress investors. CEO Elon Musk unveiled the firm’s Cybercab self-driving concept car — a low, silver two-seater, with no steering wheels or pedals — on… Continue reading Tesla shares drop 9% after Cybercab robotaxi reveal ‘underwhelmed’ investors

Tesla robotaxi event comes after a decade of unfulfilled promises from Elon Musk

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  David Swanson | Reuters With Tesla’s hotly anticipated robotaxi event hours away, investors will soon get a glance at what… Continue reading Tesla robotaxi event comes after a decade of unfulfilled promises from Elon Musk

German Manager Magazine: Tesla presents robotaxi prototype and receives criticism003643

Tesla-Boss Elon Musk has introduced the long-announced robotaxi from the electric car manufacturer. The vehicle called “Cybercab” has two upward-opening wing doors and looks like a coupe based on the Tesla bestseller Model 3. Tesla is expected to begin production of the vehicles in 2026, Musk said. At the same time, he admitted that he… Continue reading German Manager Magazine: Tesla presents robotaxi prototype and receives criticism003643

Tesla’s (TSLA) Robotaxi Launch Comes with Opportunities and Risks

Tesla, Inc. (TSLA), the leading EV maker in the United States, is scheduled to debut its highly anticipated robotaxi on October 10 at a special event named We, Robot at Warner Bros. (WBD) Studios in California. The launch of Cybercab, the robotaxi, will present Tesla with new opportunities and risks as the company gears up… Continue reading Tesla’s (TSLA) Robotaxi Launch Comes with Opportunities and Risks

German Manager Magazine: Tesla’s Robotaxi: Musk presents Tesla’s Robotaxi prototype003640

Tesla-Boss Elon Musk has introduced the long-announced robotaxi from the electric car manufacturer. The vehicle called “Cybercab” has two upward-opening wing doors and looks like a coupe based on the Tesla bestseller Model 3. Tesla is expected to begin production of the vehicles in 2026, Musk said. At the same time, he admitted that he… Continue reading German Manager Magazine: Tesla’s Robotaxi: Musk presents Tesla’s Robotaxi prototype003640

Tesla unveils its ‘Cybercab’ robotaxi

Tesla has introduced a robotaxi called Cybercab during its “We, Robot” event at Warner Bros. Discovery’s studio in California, six months after Elon Musk revealed that the company was going to launch one. Musk made his way to the stage on a Cybercab, which has no steering wheels or pedals, announcing that “there’s 20 more”… Continue reading Tesla unveils its ‘Cybercab’ robotaxi

Clean Technica: Will Tonight’s Tesla Robotaxi Event Produce Excitement Or Disappointment?003641

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The long-awaited Tesla Robotaxi event is scheduled to start at 10 PM EST, or 7 PM PST tonight. Much speculation has swirled around CEO Elon Musk and whether he will embark on another revolutionary innovation with self-driving and robotics… Continue reading Clean Technica: Will Tonight’s Tesla Robotaxi Event Produce Excitement Or Disappointment?003641

Tesla’s “We, Robot” robotaxi event: biggest news and announcements

Tesla’s “We, Robot” robotaxi event is happening at the Warner Bros. movie studio film lot in Burbank, Calif., where CEO is expected to announce the company’s first, fully driverless vehicle. Musk will also share more details about the Tesla Network, the company’s autonomous ridehailing service that will serve as a platform for Tesla’s autonomous technology.… Continue reading Tesla’s “We, Robot” robotaxi event: biggest news and announcements