Analysts criticise lack of detail about the ‘robotaxi’ showcased by CEO Elon Musk
Tesla shares fell nearly 9% on Friday, wiping about $60bn (£45bn) from the company’s value, after the long-awaited unveiling of its so-called robotaxi failed to excite investors.
Shares in the electric carmaker tumbled to $217 at market close following an event in Hollywood, where the chief executive, Elon Musk, revealed a much-hyped driverless vehicle. The stock price is down roughly 12% year-to-date.
…
However, analysts said the event was short on detail and also expressed disappointment over a lack of specifics about other Tesla projects. Musk has a history of making grand projections about upcoming products and failing to follow through in the timeframe he has set, or at all.
Imagine drinking this much Kool-Aid.
Are you referring to the use of SAE classifications or the assertion that Waymos are level 4?
Yeah, but only if you believe the propaganda by the IEEE, the lobbying arm of the international electronics and electrical engineer cartels.
https://spectrum.ieee.org/full-autonomy-waymo-driver
um…/s just in case