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IMPACT OF ROBOTAXIS ON DRIVERS
inDrive taps Pony.ai and Nvidia to test robotaxis in one of the world's coldest capitalsThe ride-hailing company will explore driverless rides in Kazakhstan without building its own self-driving technology, as platforms increas...- In 1975, West Virginia University opened a driverless transit system built as an experiment; 50 years later, its 67 cars have carried over 100 million tripsIn 1975, West Virginia University opened America's first large-scale driverless transit system, built as a federal experiment to fix a hill...
- Uber Layoffs: CEO Dara Khosrowshahi Says “This wasn’t a decision we made lightly” as company cuts 3,300 jobs globallyIn a bold move, Uber is set to cut its workforce by roughly ten percent, affecting around 3,300 staff members. This decision is part of a l...
- Uber may lay off 200-250 employees in India as part of global restructuringGlobally, Uber is eliminating around 3,300 roles, or about 10% of its workforce, as part of a restructuring aimed at reducing management la...
- Uber to cut 3,300 jobs in company overhaul to reduce management layersChief Executive Officer Dara Khosrowshahi announced the changes in an email obtained by Bloomberg News, saying that Uber’s growth in recent...
- Rise of Robotaxis: Are humans facing their last decade on roads? Uber CEO predicts AI takeover timelineUber CEO Dara Khosrowshahi has warned that self-driving cars could begin replacing human drivers within the next 10 to 15 years, creating w...
- Tesla faces difficult road ahead as it hopes robotaxis will offset declining salesTesla faces challenges with declining EV sales and delayed autonomous driving. Elon Musk aims to launch robotaxis in several states, pendin...
- Tesla likely to face 'a few rough quarters' from end of US EV support: CEO Elon MuskTesla reported falling sales and missed profit targets, with revenue down 12% amid weakening EV demand and reduced US tax credits. Elon Mus...
- As Musk's 'robotaxi' rollout approaches, Democratic lawmakers in Texas try to throw up a roadblockThe law will require companies to secure approval from the state motor vehicles department to operate autonomous cars with passengers. That...
- Tesla Robotaxi to launch soon? Viral video of Elon Musk’s long-awaited rollout sparks buzz among investorsA Tesla robotaxi was spotted navigating Austin without a driver, prompting Elon Musk to confirm it’s part of a limited launch starting this...
- Is Tesla’s robotaxi a long-term threat to Uber’s business model? Wedbush Securities weighs inUber's stock saw a dip after a report highlighted Tesla's robotaxi impact. Wedbush sees Tesla as a long-term threat. Elon Musk shared a rob...
- Still focused on Nvidia? This AI stock may outpace Nvidia in the June rally | All about itNvidia (NVDA) shares slipped early Monday as broader market concerns weighed on investor sentiment, overshadowing the chipmaker’s latest ef...
- Tesla stock takes a 'charge' downward: Is Elon Musk's EV dream over?Tesla's stock dropped nearly 45% in three months, but its market valuation remains high because investors believe in its future autonomous ...
- Musk declines Uber’s partnership offer; Tesla to go solo on robotaxisThis decision implies that in American cities such as Austin, Uber and Alphabet-backed self-driving technology company Waymo will be compet...
- Elon Musk now says it's 'pointless' to build a $25,000 Tesla for human driversTesla CEO Elon Musk has confirmed the company scrapped plans for a $25,000 electric car for human drivers. Musk stated that such a vehicle ...
- Tesla's Elon Musk heads to Hollywood to unveil his robotaxi - and face a long list of questionsTesla's CEO, Elon Musk, will unveil a new robotaxi called Cybercab at Warner Bros Hollywood studio. This ambitious project aims to allow se...
- Why 'Stupid Radishes' are causing panic in ChinaLiu Yi, a ride-hailing driver in Wuhan, faced competition from robotaxis launched by Baidu's Apollo Go. China's rapid adoption of autonomou...
- Tesla drops reference to its goal of delivering 20 million vehicles annually in impact reportTesla's latest impact report excludes the goal of delivering 20 million vehicles annually by 2030, shifting focus to robotaxis, diverging f...
- GM to cut spending by $1 billion on robotaxi unit Cruise in 2024General Motors is cutting spending by about $1 billion on its troubled robotaxi unit Cruise in 2024. Last week, Cruise disclosed probes by ...
- Two rival robotaxi services win approval to operate throughout San Francisco despite safety concernsThe state's Public Utilities Commission voted to approve rival services from Cruise and Waymo to operate around-the-clock service. It will ...
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