Who will use Tesla’s robo-taxi? There are 2 big challenges.
Will American consumers trust robots? And will CEO Elon Musk jump from Tesla Cars to Tesla Taxis?
Investors will receive early indicators at both points on Sunday, when the electric vehicle company prepares to launch Robo-Taxi service on Sunday, Austin, Texas. Invitations were sent to a particular group of customer groups and allowed people to greet a handful of cars operating in a relatively small area.
Human security monitors will sit in the front passenger seat and Tesla will have teleoperators standing to take a remote step when necessary. So far, the dominant Robo-taksi service Alphabet’in Waymo also uses teleoperators.
The modest launch may be a disappointment, but it is still a huge deal. In a last report of Musk, after repeatedly promised for a better part of the decade, a chance for Musk to deliver self -driving cars.
“June Robo-Taxi launch, then represents a seminal success [years] Self -driving promises,
It is a much greater agreement for Tesla and Tesla investors that the service helps to justify many years of investments. Musk’s support for President Donald Trump and coarse and ready efforts to reduce the magnitude of the federal government will be the potential return of consumers.
Tesla automobile sales, fell by 13% annually in the first quarter, partially left -leaning shoppers, the most likely to buy electric vehicles, the brand has moved away from the brand. According to Factset, Wall Street awaits a 10% decrease in the second quarter.
While Tesla Management accepts difficulties for the first quarter-quarter gain conference negotiations for the brand, it is not clear whether it will affect the Robo-Taksi launch. As in Tesla, views vary to a great extent.
“One hundred percent, G Gordon Johnson, a GLJ analyst, asked Tesla’s brand problems if they would spread to robo-taksis. Tesla said that he chose to use in -vehicle security monitors and said he did not believe that the technology is ready.
“Considering that Tesla is seen to endanger the driving state in Austin with this launch, the reaction of consumers will probably be severe,” Johnson said. Tesla Bear for a long time has rated the shares in sale.
Cantor Fitzgerald Analyst Andres Sheppard does not see a great reaction that rated the shares in Buy. Uz We don’t think so, Sheppard said. “It should be to get used to vehicles and technology.”
In addition to branding, the fact that technology is not familiar can represent an obstacle to adoption. Everyone in the car will not feel comfortable without a driver, even a security monitor.
Nevertheless, this should not be an early problem for any self -lasting technology. “The people I talk to, their colleagues and friends, [try] “Airbnb sounded like a crazy idea,” Zacks Stock Strategist Andrew Rocco said.
The Waymo of the Alphabet had no difficulty filling his own cabins. With a fleet of 1,500 taxis, it completes more than 250,000 paid taxi drive every week.
It is hard to claim Waymos is not better than normal drivers. With serious injuries, 88% less accidents and airbags are reported to report 79% less accidents.
So far, the cabins that go to their own are going well. “Consumers love the Robo tool, Je Jewsikow said. Today, Waymo has approximately 15% of the driving greeting market in San Francisco increased by 14 percent since the beginning of 2024.
Regardless, investors should be prepared for volatility. For the coming months, every problem will be examined by investors and Wall Street, such as a car and a car expansion that cannot complete a vandalism or a journey.
However, Tesla investors are accustomed to this. Tesla Stock, with some measures, is about three times more variable as other major technology stocks.
Write to Al root allen.root@dowjones.com
