Skepticism Surrounds Tesla's Robotaxi Profitability as Unveiling Approaches

Reported about 6 hours ago

As Tesla prepares to reveal plans for its autonomous taxi fleet, experts express doubts about the profitability of robotaxis. While CEO Elon Musk envisions substantial value from this technology, analysts warn that operational costs, competition from established players like Waymo, and the challenges in automating vehicles may hinder profitability. The outlook remains uncertain, with significant initial investment and ongoing expenses concerning fleet maintenance and technology integration needed for success.

Source: YAHOO

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