Musk, Tesla unveil long-awaited “Cybercab” robotaxi
DOJ requests Tesla autopilot system documents
00:27
Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, though fans of the electric vehicle maker will have to wait until at least 2026 before it’s available.
CEO Elon Musk pulled up to a stage at the Warner Bros. studio lot in one of the company’s “Cybercabs,” telling the crowd the sleek, AI-powered vehicles don’t have steering wheels or pedals. He also expressed confidence in the progress the company has made on autonomous driving technology that makes it possible for vehicles to drive without human intervention.
Tesla / Handout via REUTERS
Investors, however, don’t appear all that impressed. Shares of Tesla Inc. tumbled 9% at the opening bell Friday, a sign that the event was not the success it was built up to be. Though recovering slightly, Tesla shares remained down roughly 8% as of 1:30 p.m. Eastern time Friday.
Trump says he wants Elon Musk to lead proposed government efficiency commission
03:42
Musk has endorsed former president and Republican presidential candidate Donald Trump and has pushed many conservative causes. Last weekend, he joined Trump at a Pennsylvania rally.
Musk has been saying for more than five years that a fleet of robotaxis is near, enabling Tesla owners to make money by having their cars carry passengers while they’re not being used by their owners.
But he’s acknowledged that past predictions for the use of autonomous driving proved too optimistic. In 2019, he promised the fleet of autonomous vehicles by the end of 2020.
The announcement comes as U.S. safety regulators are investigating Full Self Driving and Autopilot based on evidence that it has a weak system for making sure human drivers pay attention.
In addition, the U.S. National Highway Traffic Safety Administration forced Tesla to recall Full Self-Driving in February because it enabled speeding and violated other traffic laws, especially near intersections. Tesla was to fix the problems with an online software update.
Last April in Snohomish County, Washington, near Seattle, a Tesla using Full Self-Driving hit and killed a motorcyclist, authorities said. The Tesla driver told authorities he was using the system while looking at his phone when the car rear-ended the motorcyclist. The motorcyclist was pronounced dead at the scene, authorities said.
NHTSA says it’s evaluating information on the fatal crash from Tesla and law enforcement officials.
The Justice Department also has sought information from Tesla about Full Self-Driving and Autopilot, as well as other items.
Source: cbsnews.com