The DMV suspended cruise over accidents that indicate lack of safety and they are cited misrepresentation (aka lies) by the company about the level of safety. A Cruise’s driverless cars struck a pedestrian in downtown San Francisco earlier this month. The incident involved a woman who was first hit by a human driver and then …
Businesses want a 100% complete AI systems that can be trained directly with just data. This is what OpenAI was able to do with ChatGPT and large language models. This is what Tesla has been able to achieve with version 12 of FSD (Full self driving). The Tesla FSD v12 was demonstrated for nearly one …
Morgan Stanley raised their target on Tesla to $400. Details of Morgan Stanley’s 66-page upgrade report for Tesla to now “overweight” with a Price Target of $400 (from $250): – Catalyst: Dojo, V12 of FSD and next AI day (early 2024) – Dojo (purpose-built super computer to train FSD) can add up to $500bn of …
Axios has a copy of a section of the Walter Isaacson biography of Elon Musk, which covers how the development and design of Robotaxi and next generation car. Elon was for a couple of years adamant about going to the robotaxi only and not wanting a cheap next generation car. Franz von Holzhausen and his …
Elon Musk livestreamed his drive with version 12 of FSD. It pulled over to the side and parked. It handled round about and new road work. There was one intervention in a 50 minute drive. The car was stopped at an intersection and then started to move when the left turn lane light turned green. …
I, Brian Wang, talked to Herbert Ong about the problem with the Waymo and Cruise and robotaxi business model. They both have been losing about $2-3 billion per year for the past five years and were losing $1 billion per year before. Waymo started in 2009 and Cruise started in 2013. Waymo has probably has …
GM’s Cruise robotaxi service has expanded from 70 to 300 robotaxis operating in San Francisco and will soon expand to Phoenix, Los Angeles, Austin and Dubai. GM Cruise had increasing losses of $561 million in the first quarter of 2023. This will be over $2 billion in losses in 2023. GM Cruise will having increasing …
Cruise is expanding its self-driving car operation to Los Angeles. CNBC reports Cruise has 400 robotaxi’s and most are in San Francisco. There are over 2000 robotaxi vehicles in California. Cruise is increasing autonomous rides by 49% per month and are doing more than 10,000 rides per week. Cruise CEO said they were operating tens …
Tesla will succeed with Full Self Driving and Teslabots. It may still be two or three more years until the full robotaxi level is reached. It could even be five years but the progress is and will speed up this year and beyond. Robotaxi could require the system being 10 to 100 times safer than …
Elon Musk said yesterday that Tesla will have its ChatGPT moment late this year or next year. He was referring to when Tesla Full Self Driving is capable of replacing the human driver and making the driving experience both safer and more comfortable. IF FSD is fully complete late this year and robotaxi next year, …
Elon Musk confirmed that Tesla FSD Beta version 11 is available to all FSD customers. About 200,000 people who purchased FSD can activate FSD version 11 if they request it. UPDATE: Tesla Full Self-Driving Beta is now available to anyone in North America who requests it from the car screen, assuming you have bought this …