NEWS
Tesla gets ready to launch robotaxis
Driverless vehicles will be available in some markets as soon as 2020, claims Elon Musk
Elon Musk said Tesla Inc robotaxis with no human drivers would be available in some US markets in 2020, continuing a habit of bold pronouncements that have excited many investors, while often missing deadlines. “Probably two years from now we’ll make a car with no steering wheels or pedals,” the Tesla CEO predicted, while acknowledging he is often late to meet aggressive targets. Central to this promise is a new microchip for self-driving vehicles unveiled by Musk on Monday during a webcast presentation, made by Samsung Electronics in Texas. The chip, now in all Teslas, is hoped to give the electric-car firm an edge over rivals and show its massive investment in autonomous driving. The webcast presentation came two days before Tesla was expected to announce a quarterly loss on fewer deliveries of its Model 3 sedan, which represents Tesla’s attempt to become a volume car maker. After launching the event with detailed technical descriptions of Tesla’s progress on hardware and softwar...
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