Tech

‘This will take time to ramp up’

Tesla’s robotaxi is set to have two front seats and butterfly-wing doors, and CEO Elon Musk is expected to discuss deploying the Full Self-Driving assistance software on the Semi big rig, Bloomberg News reported Wednesday.

The billionaire is expected to make the announcement when the electric-vehicle maker unveils the robotaxi at a highly anticipated event on Thursday, the report said, citing people familiar with the matter.

Elon Musk’s Tesla is set to unveil the robotaxi at a highly anticipated event on Thursday. Christopher Sadowski

However, the timeline for deployment of the vehicle, dubbed Cybercab, is not certain yet.

Tesla did not immediately respond to a Reuters request for comment.

Industry watchers and investors expect the company to announce a timeline for the launch of the vehicle and details on how it plans to bring customers on to a potential ride-hail app during the event.

“We should hear more about the production timeline and when they go live most likely … We do think that this will take time to ramp up certainly, anywhere from six months to a year,” said Ken Mahoney, CEO of Tesla investor Mahoney Asset Management.


Elon Musk
Industry watchers and investors expect Elon Musk to announce a timeline for the launch of the vehicle and details on how it plans to bring customers on to a potential ride-hail app during the event. SOPA Images/LightRocket via Getty Images

Musk has also brought up the possibility of Tesla owners letting their cars run as robotaxis when they are not in use.

Tesla’s “We, Robot” event, a likely allusion to Isaac Asimov’s iconic collection of science fiction stories, I, Robot, is scheduled to begin at 7 p.m. PT at Warner Bros Hollywood studio.

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