📊 Q3 Earnings are here! Plan ahead with key data on upcoming stock reports - all in 1 placeSee list

Tesla robotaxi set to have two seats, Musk to discuss FSD for Semi, Bloomberg News reports

Published 10/09/2024, 10:37 AM
Updated 10/09/2024, 11:13 AM
© Reuters. FILE PHOTO: The logo of Tesla on display at the Everything Electric exhibition at the ExCeL London international exhibition and convention centre in London, Britain, March 28, 2024.  REUTERS/Peter Cziborra/File Photo
TSLA
-

(Reuters) -Tesla's robotaxi is set to have two front seats and butterfly-wing doors and CEO Elon Musk is expected to discuss deploying the Full Self-Driving assistance software on Semi big rig, Bloomberg News reported on Wednesday.

The billionaire is expected to make the announcement when the electric-vehicle maker unveils the robotaxi at a highly anticipated event on Thursday, the report said, citing people familiar with the matter.

However, the timeline for deployment of the vehicle, dubbed Cybercab, is not certain yet.

Tesla (NASDAQ:TSLA) did not immediately respond to a Reuters request for comment.

Industry watchers and investors expect the company to announce a timeline for the launch of the vehicle and details on how it plans to bring customers on to a potential ride-hail app during the event.

"We should hear more about the production timeline and when they go live most likely ... We do think that this will take time to ramp up certainly, anywhere from six months to a year," said Ken Mahoney, CEO of Tesla investor Mahoney Asset Management.

© Reuters. FILE PHOTO: The logo of Tesla on display at the Everything Electric exhibition at the ExCeL London international exhibition and convention centre in London, Britain, March 28, 2024.  REUTERS/Peter Cziborra/File Photo

Musk has also brought up the possibility of Tesla owners letting their cars run as robotaxis when they are not in use.

Tesla's "We, Robot" event, a likely allusion to Isaac Asimov's iconic collection of science fiction stories, I, Robot, is scheduled to begin at 7 p.m. PT at Warner Bros Hollywood studio.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.