Summary
- ARK Invest predicts Tesla will launch its Robotaxi Network by 2025 or 2026
- Keeney believes Tesla can launch the network without the Cybercab
- Tesla could potentially launch the network with human drivers before implementing full autonomy
- ARK Invest believes a ride-hail network will enhance Tesla’s profitability
- Contact maria@teslarati.com or X @Writer_0100110 for tips.
Article
ARK Invest’s Director of Investment Analysis & Institutional Strategies, Tasha Keeney, predicts that Tesla will launch its Robotaxi Network by 2025 or 2026. Keeney believes that Tesla could potentially launch the network without the Cybercab, which was recently unveiled as the backbone of the company’s Robotaxi Network at Tesla’s “We, Robot” event on October 10. Keeney argues that Tesla already has a fleet of cars with Hardware 3 and 4 capable of full autonomy through over-the-air software updates.
At the “We, Robot” event, Keeney and ARK Invest CEO Cathie Wood were seen patiently waiting for a ride in the newly unveiled Tesla Cybercab. Despite the emphasis placed on the Cybercab by Tesla, Keeney and her colleagues at ARK Invest believe that Tesla could launch its Robotaxi Network without it. They suggest that Tesla could potentially utilize its existing fleet of vehicles equipped with the necessary hardware to offer autonomous rides. This could expedite the launch of the Robotaxi Network before the arrival of the Cybercab.
ARK Invest has previously proposed that Tesla could begin offering rides in its Robotaxi Network with human drivers before transitioning to fully autonomous vehicles. This approach, detailed in a 2020 article by ARK Invest, emphasizes the potential profitability of a ride-hail network operated by Tesla with human drivers. The integration of electric vehicles in a ride-hail network would also support Tesla’s mission of promoting sustainable energy by increasing the share of miles driven on electric platforms.
In addition to the potential benefits of launching the Robotaxi Network with human drivers, ARK Invest believes that the network could be rolled out relatively quickly without requiring substantial engineering resources. Key functions such as routing, payment integration, and other critical aspects of launching robotaxis could be addressed without delays. Overall, ARK Invest is optimistic about the prospect of Tesla launching its Robotaxi Network sooner than expected, potentially by 2025 or 2026, and without necessarily relying on the Cybercab as initially anticipated.
For those interested in contributing tips or information regarding Tesla and its plans for the Robotaxi Network, contact Maria at maria@teslarati.com or via X @Writer_0100110. The anticipated launch of Tesla’s Robotaxi Network could mark a significant milestone in the evolution of autonomous transportation and the integration of electric vehicles into ride-hail services. With the insights provided by ARK Invest and the ongoing developments within Tesla, the future of autonomous mobility appears to be accelerating towards reality.
Read the full article here
