Dubai Telegraph - Will Tesla's robotaxi reveal live up to hype?

EUR -
AED 3.85008
AFN 70.757963
ALL 97.955404
AMD 407.104681
ANG 1.883645
AOA 955.969707
ARS 1055.802012
AUD 1.622193
AWG 1.889403
AZN 1.795578
BAM 1.944323
BBD 2.110193
BDT 124.892774
BGN 1.955857
BHD 0.39511
BIF 3034.57529
BMD 1.048213
BND 1.407266
BOB 7.222504
BRL 6.089167
BSD 1.045101
BTN 88.097292
BWP 14.259102
BYN 3.420345
BYR 20544.965697
BZD 2.106784
CAD 1.47451
CDF 3009.418434
CHF 0.929796
CLF 0.037132
CLP 1024.596131
CNY 7.60169
CNH 7.608708
COP 4616.044989
CRC 534.032391
CUC 1.048213
CUP 27.777632
CVE 110.76984
CZK 25.268843
DJF 186.288527
DKK 7.459075
DOP 63.415504
DZD 140.067679
EGP 52.017374
ERN 15.723188
ETB 129.401876
FJD 2.388908
FKP 0.827372
GBP 0.83466
GEL 2.861414
GGP 0.827372
GHS 16.453302
GIP 0.827372
GMD 74.423426
GNF 9046.074154
GTQ 8.066232
GYD 218.655135
HKD 8.158144
HNL 26.44113
HRK 7.477172
HTG 137.169651
HUF 410.352674
IDR 16691.264721
ILS 3.821086
IMP 0.827372
INR 88.380983
IQD 1373.682528
IRR 44116.647041
ISK 145.103979
JEP 0.827372
JMD 165.035815
JOD 0.743499
JPY 160.493397
KES 135.757471
KGS 90.98635
KHR 4245.260573
KMF 491.559061
KPW 943.390885
KRW 1465.359179
KWD 0.322525
KYD 0.870975
KZT 521.849631
LAK 23023.988297
LBP 93867.432577
LKR 304.347668
LRD 188.494832
LSL 18.909527
LTL 3.095099
LVL 0.634053
LYD 5.130966
MAD 10.517234
MDL 19.100616
MGA 4904.58649
MKD 61.561577
MMK 3404.553427
MNT 3561.82614
MOP 8.377707
MRU 41.839417
MUR 49.600955
MVR 16.195214
MWK 1819.697389
MXN 21.680515
MYR 4.672411
MZN 66.977539
NAD 18.909354
NGN 1773.858758
NIO 38.531971
NOK 11.715311
NPR 140.95527
NZD 1.798596
OMR 0.403563
PAB 1.045141
PEN 3.960409
PGK 4.161423
PHP 61.751234
PKR 291.141349
PLN 4.304378
PYG 8156.011724
QAR 3.816127
RON 4.976889
RSD 116.999422
RUB 110.5659
RWF 1437.099386
SAR 3.938271
SBD 8.795122
SCR 14.25517
SDG 630.494166
SEK 11.524352
SGD 1.412115
SHP 0.827372
SLE 23.795332
SLL 21980.497729
SOS 599.044422
SRD 37.111943
STD 21695.883154
SVC 9.145018
SYP 2633.665293
SZL 18.91016
THB 36.392893
TJS 11.167586
TMT 3.679226
TND 3.319951
TOP 2.45502
TRY 36.315528
TTD 7.106121
TWD 34.062192
TZS 2772.522521
UAH 43.425167
UGX 3872.179958
USD 1.048213
UYU 44.537103
UZS 13448.566691
VES 48.943826
VND 26640.321592
VUV 124.445899
WST 2.926181
XAF 652.120061
XAG 0.03439
XAU 0.000398
XCD 2.832847
XDR 0.799466
XOF 657.751906
XPF 119.331742
YER 261.97454
ZAR 19.055964
ZMK 9435.181668
ZMW 28.820153
ZWL 337.524009
  • SCS

    -0.1800

    13.54

    -1.33%

  • CMSC

    -0.1600

    24.57

    -0.65%

  • AZN

    -0.0400

    66.36

    -0.06%

  • BCC

    -4.0900

    148.41

    -2.76%

  • GSK

    -0.1300

    34.02

    -0.38%

  • NGG

    -0.4300

    62.83

    -0.68%

  • BCE

    -0.3900

    26.63

    -1.46%

  • BTI

    0.3800

    37.71

    +1.01%

  • RIO

    -0.9500

    62.03

    -1.53%

  • BP

    -0.3600

    28.96

    -1.24%

  • RBGPF

    0.8100

    61

    +1.33%

  • CMSD

    -0.1500

    24.43

    -0.61%

  • RYCEF

    0.0300

    6.8

    +0.44%

  • JRI

    -0.1300

    13.24

    -0.98%

  • VOD

    -0.0500

    8.86

    -0.56%

  • RELX

    0.2400

    46.81

    +0.51%

Will Tesla's robotaxi reveal live up to hype?
Will Tesla's robotaxi reveal live up to hype? / Photo: Brandon Bell - GETTY IMAGES NORTH AMERICA/AFP

Will Tesla's robotaxi reveal live up to hype?

After years of talking up Tesla's prowess on autonomous driving, Elon Musk is set to host Thursday a much-hyped robotaxi event amid a mix of anticipation and skepticism.

Text size:

The Tesla CEO has so far offered few details about exactly what will be unveiled at Thursday's event, dubbed "We, Robot," which will take place at Warner Brothers studio in Los Angeles.

Tesla watchers expect the company to reveal a prototype of its robotaxi, intended for autonomous transport.

Other companies, such as Google's Waymo and General Motors Cruise, have operated heavily regulated pilot programs for a few years already.

Musk, who has become a vocal supporter of Republican presidential candidate Donald Trump, has insisted Tesla's offering will be the best autonomous vehicle on the market even if it's not the first.

Musk pushed back the date of the event, which was originally planned for August, "to make some important changes that I think would improve the vehicle," he said in July, adding that Tesla would show "a couple of other things" beside the robotaxi.

He shrugged off regulatory questions about a technology venture that has so far only been demonstrated on a limited terrain and remains unseen by most of the general public.

"Once we demonstrate that something is safe enough or significantly safer than human, we find that regulators are supportive of deployment of that capability," Musk said in July.

Musk has a history of making bold predictions about autonomous vehicles, saying conventional automobiles will one day be as obsolete as a horse and buggy.

But the Tesla CEO has repeatedly pushed back the timeframe for self-driving technology, after previously predicting the company would achieve the breakthrough by 2018.

Some are taking a wait-and-see approach to Thursday's Tesla event.

"We believe widescale Tesla robotaxi deployment is unlikely within the coming years," said a note from UBS last month.

"That is not to say Tesla isn't making technological progress, but Tesla needs to show that the tech is ready and safe, deal with a myriad of local regulations and (potentially) figure out logistics and operations of a transportation network company."

On the bullish side, Wedbush predicted Thursday's event will be "seminal and historical day" for Tesla, ushering in a "new chapter of growth" for autonomous technology.

- Overtaking rivals? -

Boosters of autonomous driving have said the technology could lead to fewer accidents, arguing it would offer greater freedom to people who are older or physically impaired.

Cruise and Waymo began operating in San Francisco in 2021 -- though Cruise shuttered its San Francisco driving program in late 2023 after an accident.

But the company resumed operations in Arizona in April under a service that includes a driver as a backup. GM has said it is holding off on a driverless version due to speed regulatory approval.

Meanwhile, Alphabet-owned Waymo opened up service to the general public in June after previously restricting the availability.

Operating modified Jaguar vehicles, Waymo now offers service comparable to that of Uber or Lyft. Besides some locals who utilize the service in San Francisco, the vehicles have become a touristic attraction.

Waymo has over 700 vehicles in its fleet, about 300 in San Francisco and the rest in Phoenix, Los Angeles and Austin, Texas where it has added service, the company said.

On the July earnings conference call, Musk said Tesla's efforts would ultimately prove superior to that of rivals.

He said GM was "blaming regulators" for technology that was "not at par." Musk said Waymo's technology was "quite fragile" and not able to scale because it was a "very localized solution."

Tesla's venture, in contrast, is a "general solution that works anywhere," Musk said bullishly. "It would work even on a different earth."

Y.Chaudhry--DT