Tesla’s value drops $60bn after investors fail to hail self-driving ‘Cybercab’

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Tesla’s value drops $60bn after investors fail to hail self-driving ‘Cybercab’
theguardian.com

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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I love the aesthetic. I fully support Art Deco public transportation.

A bus designed by someone who absolutely hates public transportation is pretty funny though. "I wish these seats faced each other so I could sit knee to knee with a stranger." -Nobody Ever

And there's so little passenger space, they have a "luggage" compartment in the front. So I suppose I'm just supposed to put my bag there, out of my sight, then hope nobody takes it before I get off?

Front is were the driver is

What driver?

The driver that is driving the vehicle because musk will not be able to deliver the FSD.

Well... It's not being engineered with a driver in mind. I don't think they can just slap a seat in there later; having vs not having a driver is a major design consideration. This vehicle has no driver, period. If the fsd doesn't work, he has no vehicle.

So the question isn't "Will they put a driver in this car?"

The question is "Will they get this cat on the road?"

I can guarantee there is no design yet at all, the whole shit is just vaporware, like all musk's demos. That demo 100% has driver in the van in the front.

Edit: note that this part of the thread is about the bus. The robotaxi is definitely just CGI shit, no real engineer has even looked at the design yet.