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24.07.2021 13:00:00

3 Companies Moving Forward With Robotaxis as Tesla Delays

Tesla (NASDAQ: TSLA) and the company's investors have high hopes for so-called "robotaxis," self-driving vehicles that are able to turn a depreciating asset into a profit center by sending your vehicle out to ferry passengers around town when not in use. But so far, the reality has not lived up to expectations.Tesla CEO Elon Musk had hoped to have 1 million robotaxis on the road by the end of 2020, but good luck trying to flag down a driverless Tesla for a lift any time soon. And although Tesla continues to roll out updates to its "Autopilot" system, it is still very much a driver-assist system, and not a fully autonomous experience. Musk in announcing the latest software update urged customers to "please be paranoid" and not hand over too much responsibility to the vehicle.The delays are not unexpected, as true high-tech self-driving is a really complicated challenge. And so far no company has been able to figure it out completely. But Tesla is hardly alone in working on the problem, and some of its rivals appear to be making at least as much, if not more, progress. Continue reading
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