Tesla’s reveal of a robotaxi designed as a low-slung, two-seater, sporty coupe - quite the opposite of a typical taxi with room for several passengers and luggage - flummoxed investors and analysts.
But in true Musk style, he skipped over expectations of how a two-seater robotaxi would serve the needs of families headed to a restaurant or to the airport, or if he expected these to appeal only to a niche clientele.
Investors jeered the design and the lack of financial detail, with Tesla stocks tumbling 9% on Wall Street on Friday.
“When you think of a cab, you think of something that’s going to carry more than two people,” said Jonathan Elfalan, vehicle testing director for the automotive website Edmunds.com. “Making this a two-seat-only car is very perplexing.”
The real problem that he failed to show any progress on self-driving. Self-driving has been 2 years away for the past 6 years and that’s the only real thing that will pull Tesla out of a downward spiral. Tesla stock is stupidly overpriced and competitors are catching up.
With nothing but empty promises, people are starting to realize that the emperor has no clothes. And really, who wants to see Musk naked? …that’s a bag nobody wants to be left holding.
It’s been 1 year away every year, not 2
Waymo did it well when I was in Tempe, so it already exists. Tesla just wasn’t putting quality hardware into it. The Jaguars were nice