this post was submitted on 13 Oct 2024
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Analysts criticise lack of detail about the ‘robotaxi’ showcased by CEO Elon Musk

Tesla shares fell nearly 9% on Friday, wiping about $60bn (£45bn) from the company’s value, after the long-awaited unveiling of its so-called robotaxi failed to excite investors.

Shares in the electric carmaker tumbled to $217 at market close following an event in Hollywood, where the chief executive, Elon Musk, revealed a much-hyped driverless vehicle. The stock price is down roughly 12% year-to-date.

However, analysts said the event was short on detail and also expressed disappointment over a lack of specifics about other Tesla projects. Musk has a history of making grand projections about upcoming products and failing to follow through in the timeframe he has set, or at all.

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[–] Blackmist@feddit.uk 88 points 1 month ago (2 children)

Bro. Just one more year bro. I swear bro. Just one more year and we'll have full self driving bro.

Don't lose faith bro. Or I'll sue you and call you a pedo guy.

[–] explodicle@sh.itjust.works 5 points 1 month ago (1 children)

They could easily do it in a year by purchasing Waymo.

[–] zbyte64@awful.systems 2 points 1 month ago* (last edited 1 month ago) (2 children)

Isn't Waymo driverless like my RC car is driverless?

[–] LifeInMultipleChoice@lemmy.world 14 points 1 month ago

No, what makes you think that? I understand doubting Elon, but Waymo works great day in and out. The only bad incident I know of with them was when another vehicle with a person driving hit a pedestrian that threw the pedestrian under a Waymo, and they had to update the software to know what to do when a person spawns under the vehicle. Horrible, yes. But one of their cars wouldn't have hit the pedestrian to start.

[–] explodicle@sh.itjust.works 4 points 1 month ago (1 children)

Your RC car has level 4 autonomy?

[–] AnxiousOtter@lemmy.world -1 points 1 month ago (1 children)

Imagine drinking this much Kool-Aid.

[–] explodicle@sh.itjust.works 10 points 1 month ago (1 children)

Are you referring to the use of SAE classifications or the assertion that Waymos are level 4?

[–] stringere@sh.itjust.works 6 points 1 month ago

Yeah, but only if you believe the propaganda by the IEEE, the lobbying arm of the international electronics and electrical engineer cartels.

https://spectrum.ieee.org/full-autonomy-waymo-driver

um.../s just in case

[–] dejected_warp_core@lemmy.world 1 points 1 month ago

In the meantime, keep buying cybertrucks.