Latest World News Update
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Elon Musk announces Tesla to unveil robotaxi on August 8 – World News Network
Share
Font ResizerAa
Latest World News UpdateLatest World News Update
Search
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Follow US
Made by ThemeRuby using the Foxiz theme. Powered by WordPress
Latest World News Update > Blog > Business > Elon Musk announces Tesla to unveil robotaxi on August 8 – World News Network
Business

Elon Musk announces Tesla to unveil robotaxi on August 8 – World News Network

By worldnewsnetwork Last updated: April 6, 2024 5 Min Read
Share

Texas [US], April 6 (ANI): Tesla CEO Elon Musk has announced that Tesla will unveil a ‘robotaxi’ on August 8. He made the announcement in a post on social media platform X.
In a post on X, Musk stated, “Tesla Robotaxi unveil on 8/8.” In the past, Musk has expressed liking for self-driving vehicles, stressing that they will be one of Tesla’s most important products.
In the past, Elon Musk said that Tesla will make a car that did not have human controls. He had also said that Tesla cars, which will have full self-driving capability will through software, gradually become better and better at driving, CNN reported.
He said that the cars, at some point, will have the capability of operating as fully autonomous taxis and could earn money for their owners by giving taxi rides on their own.
So far, Tesla has passed several of Musk’s predictions for when actual self-driving would be possible. In April 2019, Tesla said it expected to start operating robotaxis by 2020. The company predicted that the autonomous car would last 11 years and drive 1 million miles, which would make the company and the car operators earn a profit of USD 30,000 each year.
However, Elon Musk has admitted that his track for predictions can be off sometimes by a mile. In an event in April 2019, he said, “The only criticism and it’s a fair one, sometimes I’m not on time. But I get it done and the Tesla team gets it done,” according to CNN report.
Presently, people can buy full self-driving capability with a new Tesla Model 3 for an additional USD 12,000 added to the car’s roughly USD 40,000 purchase price. The full self-driving capability can be bought on a subscription basis for up to USD 199 a month, based on how the car was originally equipped.
In small gray type, Tesla’s on-line description reads, “The currently enabled features require active driver supervision and do not make the vehicle autonomous,” implying that it is not, in fact, capable of fully self-driving today.
According to Musk, the system will one day make Tesla cars incredibly valuable. In the company’s call for the third quarter in 2023, he noted, “You can think of every car we sell or produce that has full autonomy capability as something that in the future may be worth five times what it is today.”
Experts who have tested the system have said that, as of now, it is still far from being able to drive on its own without human control, CNN reported.
Kelly Funkhouser, associate director of vehicle technology for Consumer Reports, recently tested the system. Funkhouser said she is less worried about its safety than she is about ordinary Tesla Autopilot, which is made to give more limited driving assistance, particularly on highways.
She said, “You’re not likely to tune out and become complacent or over-reliant on it.” Funkhouser added, “In fact, I would say you’re potentially more alert, CNN reported.
A number of companies, including Google’s parent company Alphabet’s subsidiary and GM subsidiary Cruise, are working on autonomous ride-sharing services. Cruise has halted testing work after one of its self-driving cars hit and dragged a pedestrian.
An internal review found that representatives of Cruise did not fully open up with regulators regarding the incident. The US Department of Justice is conducting an investigation into the matter. Meanwhile, Waymo, recently, recalled its own cars after two of its cars hit the same tow truck within minutes of one another.
Meanwhile, a report in the Financial Times had on April 3 said that Tesla Motors will send a team to scout locations in India this month for a proposed USD 2-3 billion electric car plant. This development comes after India lowered tariffs on higher-priced imported EVs last month for companies that commit to making them in the country within three years. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Email Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE NOW

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

HOT NEWS

APSEZ breaks records: Handles 420 MMT cargo globally, sets new milestones in March 2024 – World News Network

The company announced that it achieved its highest ever monthly cargo volumes, exceeding 38 MMT…

April 1, 2024

Stock market opens on a bullish note: Nifty-Sensex surge – World News Network

Simultaneously, the BSE Sensex followed suit, leaping by 317.27 points or 0.43 per cent, commencing…

April 1, 2024

IIHM Institute of Hospitality Skills (IIHS) opens largest training centre in Udaipur – World News Network

New Delhi [India], April 1: IIHM Institute of Hospitality Skills (IIHS), India's largest training centre…

April 1, 2024

YOU MAY ALSO LIKE

The Avestagenome Project® and ‘Longevity India’ Initiative of Indian Institute of Science (IISc) Sign Landmark Agreement – World News Network

Bengaluru (Karnataka) [India], September 10: Avestagenome Project® International Pvt. Ltd., a trailblazer in genomics and preventive health innovation, has entered…

Business
September 10, 2025

How to Choose the Right Term Insurance Plan for Your Needs – World News Network

New Delhi [India], September 10: When it comes to protecting your family's financial future, term insurance is one of the…

Business
September 10, 2025

Hyundai debuts Ioniq compact EV for Europe at IAA Mobility at Munich, Germany – World News Network

Hyundai Motor Co. unveiled its first compact electric vehicle (EV) under the Ioniq brand for the European market, as it…

Business
September 10, 2025

TigerMonk & Rohit Roy Join Forces as Co-Owners of Pune Falcons Ahead of All Stars Tennis Ball Cricket League (ASTCL) Season 2 – World News Network

Pune (Maharashtra) [India], September 10: In a high-impact move ahead of Season 2 of the All Stars Tennis Ball Cricket…

Business
September 10, 2025
Latest World News Update

Follow US: 

Copyright © 2024 World News Network. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?