Tesla will produce taxis without steering wheels and pedals.
2022-04-22
Tesla will produce taxis without steering wheels and pedals.
On April 21, during Tesla's Q1 2022 earnings call, Elon Musk shared some details about the company's new Robotaxi vehicle designed for fully autonomous ridesharing. This innovative car will feature no steering wheel or pedals, as it will rely entirely on Tesla's Full Self-Driving (FSD) software for navigation. "We're also developing a new vehicle—something I mentioned at the groundbreaking ceremony for Tesla's GigaTexas factory—a dedicated robotaxi that’s highly optimized for autonomous driving. That means it won’t have a steering wheel or pedals," Musk said during the latest earnings call.
Musk added, "There’s a lot of innovation surrounding it—innovation that I think is genuinely exciting. It’s aiming to achieve the lowest cost per kilometer, and I believe this will make it an incredibly powerful product." Musk estimated that riding in a self-driving taxi would cost less than a subsidized bus ticket. Tesla’s goal is to begin mass-producing its dedicated self-driving taxis by 2024. The company plans to hold a grand unveiling event for the new self-driving taxi sometime next year. Musk believes that fleets of autonomous taxis will significantly boost Tesla’s growth in the years ahead.
According to reports, Ark Investment Management recently predicted that by 2026, Tesla's autonomous taxi fleet could generate annual revenues of up to $48.6 billion. Tesla's autonomous taxi business is expected to account for 60% of the company's projected value. If Tesla successfully rolls out its autonomous taxi fleet, the value of Tesla stock could reach $4,600 per share by 2026. The launch of the autonomous taxi fleet will depend on Tesla's development of its Full Self-Driving (FSD) software, as these taxis will operate without steering wheels or pedals, requiring FSD to be fully refined and perfected.
Translated from Sina Auto
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Tesla will produce taxis without steering wheels and pedals.
2022-04-22
Tesla will produce taxis without steering wheels and pedals.
On April 21, during Tesla's Q1 2022 earnings call, Elon Musk shared some details about the company's new Robotaxi vehicle designed for fully autonomous ridesharing. This innovative car will feature no steering wheel or pedals, as it will rely entirely on Tesla's Full Self-Driving (FSD) software for navigation. "We're also developing a new vehicle—something I mentioned at the groundbreaking ceremony for Tesla's GigaTexas factory—a dedicated robotaxi that’s highly optimized for autonomous driving. That means it won’t have a steering wheel or pedals," Musk said during the latest earnings call.
Musk added, "There’s a lot of innovation surrounding it—innovation that I think is genuinely exciting. It’s aiming to achieve the lowest cost per kilometer, and I believe this will make it an incredibly powerful product." Musk estimated that riding in a self-driving taxi would cost less than a subsidized bus ticket. Tesla’s goal is to begin mass-producing its dedicated self-driving taxis by 2024. The company plans to hold a grand unveiling event for the new self-driving taxi sometime next year. Musk believes that fleets of autonomous taxis will significantly boost Tesla’s growth in the years ahead.
According to reports, Ark Investment Management recently predicted that by 2026, Tesla's autonomous taxi fleet could generate annual revenues of up to $48.6 billion. Tesla's autonomous taxi business is expected to account for 60% of the company's projected value. If Tesla successfully rolls out its autonomous taxi fleet, the value of Tesla stock could reach $4,600 per share by 2026. The launch of the autonomous taxi fleet will depend on Tesla's development of its Full Self-Driving (FSD) software, as these taxis will operate without steering wheels or pedals, requiring FSD to be fully refined and perfected.
Translated from Sina Auto
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