Changing Lanes

Changing Lanes

Tesla Isn’t Going to Succeed in Robotaxis

Why Elon Musk's latest venture is likely to fall short

Andrew Miller's avatar
Andrew Miller
Sep 03, 2024
∙ Paid

12-minute read

Tesla Motors is going to enter the robotaxi business, and thereby increase the firm’s stock market valuation from around $740 billion to several trillions of dollars—at least according to Elon Musk. As incredible as Musk’s claim may sound, investors have learned the hard way not to bet against him. Then again, Musk falls short just as ofte…

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