Checking out the Friday critique of “Tesla’s $9 Trillion Robotaxi Dreams” on Seeking Alpha that Carolyn Fortuna just covered, a few things jumped out to me. A few things seem to be missed, misunderstood, or even misleading from the analysts. But, then again, that doesn’t mean the ARK analysis is … [continued]
Following discussions with the Tesla investor relations team, JPMorgan analysts earlier this month said they soon expected Tesla to reveal a robotaxi prototype. The investment firm also offered the caveat that Tesla’s robotaxis and their associated revenues could be years away. That’s the kind of speculation that has been occurring … [continued]
Three years ago, in late June 2020, I wrote about Amazon buying the robotaxi startup Zoox. If you missed that story or don’t remember it well, I recommend reading it first for some useful background on who Zoox is, or was. This year, while many robotaxi companies and projects have … [continued]
Autonomous driving companies are a dime a dozen. Autonomous driving companies bought by Amazon, on the other hand — well, there’s Zoox. It was almost three years ago that Amazon took Zoox in-house. Since then, there’s been some news here and there, but not much. What has been happening at … [continued]
The horizontal elevator is here.
Concept vehicles are works of art in the auto industry — and often not more than that. They are often particularly fanciful if they are supposed to be autonomous robotaxis. But when Amazon rolls out a robotaxi concept, it’s quite a different matter.
Zoox, based out of California (of course), has been working for years on autonomous ride-hailing technology. It was valued at $3 billion in 2018. Amazon just bought it — reportedly fro $1.2 billion.
