Electric carmaker Tesla (TSLA) CEO Elon Musk promises a “dedicated” self-driving taxi that will “look futuristic,” without giving a timeframe. The announcement came at the opening of Tesla’s $1.1 billion valued factory in Texas, which is home to its new headquarters.
Musk has several times missed his targets of full autonomy. In 2019, he said robotaxis with no human drivers would be available in some U.S. markets in 2020. Tesla now sells advanced driver assistance systems for $12,000, with a promise of more features, and informed the software does not make its vehicles autonomous and requires driver supervision. The beta version, launched in late 2020, aims to enable cars to navigate city streets better.
Musk informed that Tesla had started deliveries of Texas-made Model Y electric sport utility vehicles, with a goal of producing half a million a year at the Texas factory, which he said would be the biggest car factory in the United States. No details of such Model Ys are known, but they are likely to be lower-priced versions to better take on cheaper competitors. Tesla will start production next year of its Cybertruck as well as a humanoid robot, Optimus, Musk said.
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