Own Tesla Stock? Here's What You Need to Know About Its Robotaxi Rollout.

Elon Musk, Tesla's (NASDAQ: TSLA) CEO, says he expects Tesla's robotaxis to operate without safety drivers by 2026. In stating on a recent earnings call that Tesla's "single biggest expansion in production" in 2026 will be the Cybercab, he's clearly expecting big things from robotaxis in 2026.There's little doubt that Tesla is taking a cautious approach to its robotaxi rollout, and for good reason. As Musk also noted on the last earnings call, Tesla is "paranoid about safety," as "All it takes is like one in 10,000 trips to go wrong, and you've got an issue."Building on the "one in 10,000" quote, interpolating National Household Travel Survey data suggests that the average daily non-highway trip in the U.S. is about 7 miles, so 10,000 non-highway trips is roughly equivalent to 70,000 miles. Alphabet-owned Waymo's average ride length is approximately 6.7 miles , so let's use that as a rough estimate of average trip length. Based on Musk's "one in 10,000" trips comment, that makes 67,000 miles before a robotaxi company has an "issue."Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool