Musk, Tesla and robotaxi
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When investors and analysts talk about the future of Tesla, they'll often point to self-driving cars, which are poised to represent as much as 90% of the company's enterprise value by 2029, according to Ark Investment Research,
Tesla stock went on a tear to end the third quarter, erasing early 2025 losses with investors betting on the firm’s AI-related ambitions.
Uber Technologies (UBER) and WeRide (WRD) have started offering autonomous Robotaxi passenger rides in Riyadh, Saudi Arabia.
Tesla is starting to tease that the training wheels could soon come off of FSD, and that starts with removing the safety driver from its Robotaxi fleet.
"At Avride, we have a clear vision and a strong plan to make autonomous transportation an integral part of everyday life," said Dmitry Polishchuk, CEO of Avride, in the Wednesday announcement. "We are thrilled to have world-class partners like Uber who share this vision and continue to support us."
Uber Technologies Inc. and Nebius Group NV are committing as much as $375 million to develop Avride, the Dutch cloud infrastructure company’s autonomous vehicle subsidiary.
Elon Musk said the Tesla Robotaxi in Austin will have no safety monitor by end of 2025. No other human in the car which means Tesla robotaxi can scale to
Waymo is using partnerships with ride-hailing giants like Uber and Lyft as one strategy to get more riders inside its robotaxis.
Baidu announced a partnership with Switzerland's PostBus on Wednesday to launch its Apollo Go autonomous vehicle service in the European country, as the Chinese tech firm accelerates a global push of its self-driving business.
Grab Holdings Ltd is backing driverless technology developer May Mobility Inc with the goal of bringing robotaxis to the region as soon as 2026.
Elon Musk revealed Tesla's robotaxi, but the Cybercab will face a number of safety and regulatory hurdles before hitting the open road.
May Mobility will leverage GrabMaps to study South-east Asian roads to ensure safe deployment. Read more at straitstimes.com. Read more at straitstimes.com.