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Investor's Business Daily

Investor's Business Daily

Tesla's robotaxi event could signal the EV giant is set to become a threat

Investor's Business Daily
Summary
Nutrition label

67% Informative

Tesla will unveil its robotaxi at an event in Los Angeles on Oct. 10 .

It would be the EV giant's first product launch since it turned nearly its full attention to artificial intelligence and solving the challenge of true autonomous driving.

Analyst Dan Ives sees Tesla 's "real monetization opportunity" less in robotaxis and more in introducing true full autonomy into its vehicles.

Waymo has topped more than 100,000 paid trips per week in Los Angeles , San Francisco and Phoenix .

Waymo's robotaxi service will expand to Austin and Atlanta next year , through a partnership with Uber .

GM -backed Cruise has restarted testing of its autonomous vehicles, or AVs , in Dallas , Houston and Phoenix . Amazon paid $1.2 billion in June 2020 to acquire Zoox .

Rideshare Guy: Autonomous vehicle companies will serve as "fleet partners" to Uber and Lyft .

Tesla has described a kind of "Airbnb-meets-Uber" style of car-sharing service.

Tesla 's robotaxi event next month could bring fresh excitement to potential for autonomous driving.

McKinsey survey: 2030 as year robotaxis could be available at scale.

VR Score

76

Informative language

84

Neutral language

63

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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