IndiaTesla Robotaxi will roll out in 2024 Elon Musk Announces

Tesla Robotaxi will roll out in 2024 Elon Musk Announces

Tesla: Elon Musk, CEO of Tesla, has announced that his company plans to launch a Robo Taxi without a steering wheel or pedals by 2024.

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Tesla CEO Elon Musk has announced that his company plans to launch a Robo Taxi without a steering wheel or pedals by 2024.

The announcement comes after Tesla, the world’s largest electric-vehicle maker, posted a net profit of $ 3.3 billion in the March quarter.

The company had quarterly revenue of $ 18.8 billion. It broke the $ 17.9 billion estimate. It has increased by 81 percent year-on-year. Earnings per share were $ 2.86, compared to expectations for $ 2.27.

Musk said the cost of riding in this taxi would be the same as a subsidized subway ticket. Since Tesla is known for selling expensive electric cars, it remains to be seen how cheap the company will sell the robotics.

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According to media reports, Musk was quoted as saying, “The decision will be based on the cost per mile and the cost per kilometer.”

“I think it’s really going to be the biggest impetus for Tesla’s growth.” Said Musk

Musk said Tesla would be “contributing other inventions” to robotics. However, he did not give full details.

Musk first mentioned robotics at Tesla’s Austin Gigafactory opening earlier this month. There he outlined various future products, including Tesla’s humanoid robot concept Optimus.

Most of Tesla’s profits come from its passenger car business. Currently the company is ready to step into other segments beyond this.

“The Optimus will be more valuable than the car business and more valuable than the FSD,” he said.

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Tesla is plagued by supply-chain issues. Its factories have been operating at low capacity for the past several quarters.

Tesla’s Shanghai Gigafactory accounted for half of the company’s global production last year. It has been plagued by an increase in Covid-19 infections in China.

However after the local authorities decided to relax some of the restrictions, the resumption of production measurement began.

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