Source: The Verge
Summary
Tesla’s robotaxi miles traveled decreased by 36% in the second quarter, despite the company’s expansion into new cities. According to Tesla’s own figures, the decline occurred in the midst of growing competition in the autonomous driving market.
Our Reading
The announcement sounds ambitious.
Tesla’s robotaxi miles traveled fell 36% in Q2, despite new city expansions. The company’s autonomous driving progress has been a point of emphasis for CEO Elon Musk. Tesla’s robotaxi service has been testing in various cities, but the decline in miles traveled raises questions about the service’s scalability. This is a familiar story: a new city expansion, a flashy announcement, and a quiet decline in actual usage.
The robotaxi revolution will have to wait.
Author: Evan Null
