Tesla robotaxi set to have two seats, Musk to discuss FSD for Semi, Bloomberg News reports
Adds background and investor comment in paragraphs 5-8
Oct 9 (Reuters) -Tesla's TSLA.O 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 Semi big rig, Bloomberg News reported on 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.
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.
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.
Reporting by Akash Sriram in Bengaluru; Editing by Shilpi Majumdar
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
