Elon Musk Announces New Electric Self-Driving Car
Tesla CEO Elon Musk has announced a new electric car dedicated to autonomous driving after years of promises and missed deadlines. This self-driving vehicle is designed specifically for taxi use, without a steering wheel or pedals, which means it will need regulatory approval before production can begin. The design is futuristic, with doors that open upwards like butterfly wings and a small cabin with enough space for just two passengers. The car charges wirelessly through inductive technology, and its driving is expected to be 10 to 20 times safer than human-driven vehicles.
Cost Efficiency of Self-Driving Cars
Musk mentioned that self-driving cars are expected to be 10 to 20 times safer than human-driven vehicles, and their operational cost could be as low as 20 cents per mile, compared to $1 per mile for city buses. Tesla plans to launch full autonomous driving in Texas and California next year, with the Cybercap entering production by 2026, though it could be delayed until 2027. Additionally, Tesla is developing the Optimum robot, which will cost between $20,000 and $30,000 and be capable of performing various tasks.
Unveiling the Robotaxi at "We, Robot" Event
Musk unveiled the model of the autonomous taxi at the "We, Robot" event held by Tesla at Warner Brothers film studios in Burbank, California, where some private roads were shown for demonstration. Tesla reportedly mapped the area beforehand for the event, though the company states that its Full Self-Driving (FSD) feature does not rely on high-resolution maps for navigation.
Tesla's Shift Towards Robotics and Artificial Intelligence
Musk is steering Tesla away from its core business of manufacturing and selling electric cars towards a new business focused on robotics and artificial intelligence. Tesla's market capitalization is now almost equal to the value of all other global automakers combined. A significant portion of the company’s stock price is based on Musk’s longstanding promise to solve autonomous driving by introducing a truly revolutionary vehicle capable of driving itself anywhere.
Doubts About Tesla's Autonomous Technology
There remains uncertainty about whether Tesla’s autonomous robots will be able to fulfill this repetitive task. Musk is known for defying the odds, but many autonomous vehicle experts have questioned Tesla's approach to this technology, especially with the company’s strong push toward Advanced Level II driver assistance systems like automated driving and fully autonomous (monitored) driving. These features, which are not fully autonomous and require the driver to remain alert, can be impressive, but they are also known to make significant errors.
Accidents and Investigations
Earlier this year, a 28-year-old motorcyclist was killed by a Tesla driver reportedly using the FSD system. Tesla was forced to recall both driver assistance systems amid increasing government scrutiny over its claims of autonomous vehicle control. However, Musk has a history of making comebacks and achieving seemingly impossible feats. The early success of the Cybertruck serves as an example of Musk defying expectations.
The Time-Saving Promise of Self-Driving Cars
During the event, Musk promoted the idea of self-driving cars as a time-saving solution. "Think about the total time people spend in the car, the time they will now recover and can spend reading books, watching movies, doing work, or something else," he said.
Tesla Lags Behind Competitors in Autonomous Testing
Despite its advancements, Tesla is still behind companies like Waymo and Cruise, both of which have logged millions of miles of road testing with their self-driving vehicles. Motorized taxis have faced a rocky rollout, with several accidents, traffic jams, and even some injuries. Government safety regulators are investigating key players to determine if the technology driving these vehicles is safe or should be withdrawn.
Legal Challenges and Public Perception
The families of Tesla drivers who died in accidents involving the autonomous driving system have filed lawsuits against the company for wrongful death. Additionally, Musk's tenure as president of "X" formerly known as Twitter, alienated many progressive-leaning Tesla customers, who were dismayed as Musk promoted right-wing conspiracy theories on the platform.