Mentioned:
Elon Musk is one of the biggest innovators in the history of technology. And now, he wants to disrupt the future of autonomous driving forever.
What’s happening:
- Tesla (NASDAQ: TSLA) has officially unveiled their new autonomous vehicles known as the Cyber Cab and the Robovan
Why it matters:
- The groundbreaking new vehicles from Tesla are fully autonomous and do not have steering wheels or pedals
- The new Cyber Cab and Robovan vehicles from Tesla represent potentially the most ambitious new launch from Tesla since first becoming a publicly traded company, as they are aiming to usher in robotaxis as an entirely new form of autonomous transportation
Going deeper:
- Tesla is planning to begin rolling out unsupervised full self driving vehicles in Texas and California as of next year
- Autonomous vehicles have been of significant interest across both venture capital and the public markets, notably with Uber (NASDAQ: UBER) partnering with Cruise for autonomous ride sharing and Nvidia (NASDAQ: NVDA) previously investing into Canadian autonomous commercial vehicle startup Waabi in their Series B financing round
The intrigue:
- Elon Musk has also been making other breakthroughs in technology outside of Tesla lately, previously winning a Breakthrough Device designation from the United States Food and Drug Administration for his brain computer interface company Neuralink
