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An Internal Tesla Analysis Found the Robotaxi Would Lose Money, and You'll Never Guess What Elon Musk Did in Response

Futurism LogoFuturism1w ago

An Internal Tesla Analysis Found the Robotaxi Would Lose Money, and You'll Never Guess What Elon Musk Did in Response - Futurism

Quick Summary:

The company's backers hoped Musk would finally unveil the long-awaited "$25,000 Tesla" — a lower-budget EV they hoped would rejuvenate sales as the costly Cybertruck flopped — but what they got was anything but.

Back in October of 2024, Tesla investors and fanboys alike flocked to Hollywood for the company's "We, Robot" event.

We, Robot kicked off with a visibly stiff Elon Musk waving to the crowd and climbing into a garish gold sedan, our first peak at Cybercab; Tesla's self-driving taxi platform.


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Article Details

Author / Journalist: Joe Wilkins

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 14:38:17 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 671 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Futurism

News ID: 27965173

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About Futurism

Main Topics: Technology

Official Website: futurism.com

Update Frequency: 8 posts per day

Year Established: 1997

Headquarters: United States

News Last Updated: 16 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #68

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The outlet is headquartered in United States and publishes an average of 8 news stories per day.

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