this post was submitted on 13 Oct 2024
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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.

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[–] fine_sandy_bottom@lemmy.federate.cc 5 points 2 months ago (1 children)

I'm not the person you asked and I don't know anything about such things so this is just supposition but...

I guess it's an important milestone on the way to colonising Mars. It would be an acknowledgement that we've solved (or mitigated...) all the problems in getting a human to and fro.

Now, if you're asking whether there's any realistic benefit to colonising Mars, the answer IMHO is "not in the next 50 years".

[–] Dragonstaff@leminal.space 2 points 2 months ago

Yeah, that's about what I'm thinking. A manned mission to Mars could be an interesting project for our kids or grandkids. Anyone talking about it in our lifetimes is just a grifter.