- Unattended full self -driving launch in Austin, Texas in June
- Musk says that more affordable models will see Tesla return to growth
- Do you sound familiar? Tesla CEO has promised all this before
Tesla’s quarterly earnings call is always entertaining affairs, where the company’s CEO apparently uses them as a platform to promise things that are not more often realized.
The latest Q4, 2024 results revealed that the company was missing out on its revenue expectations, causing the Tesla Aktie price to fall 4% after the news -even though it jumped back, according to Forbes.
Part of this can be blamed for the fact that Musk went into full blust state with insurance on several larger milestones in 2025 – without the detailed investors and the ordinary public.
First up, Musk says the company will launch unattended full sales driving as early as June this year, when the project was to be rolled out in Austin, Texas. Instead of offering the service to the large number of customers who have already paid to unlock the software, Musk says it will instead be a “paid service”.
Details are quite predictably scarce, but the fact that it is touted as a separate device for customer-facing full self-propelled software probably means it appears in the form of a geoforn autonomous riding-hailing service. You know, similar to what Waymo successfully does. Waymo, a company now operating in four major US cities.
In another step to strengthening the investor’s confidence, Musk also revealed that Tesla intends to produce more “affordable” vehicles that are tip to be based on (and look like creepy similar) Model 3 and Model Y, but costs in the region $ 30,000 to $ 40,000 (about £ 28,000 / AU $ 55,000). Not $ 25,000 -car that was rumored last year.
Production of this more affordable model is intended to begin in the first half of 2025, according to Electrek, despite the fact that the company does not reveal any details of design, specification or whatever the customer can expect.
Much of Elon Musk’s predicted growth for the company is related to increasing levels of autonomous driving that make their way to public roads where the CEO reiterates that he believes we will see unattended self -driving in California and Texas in the second quarter of 2025.
But this has been promised many times (already in 2016) and the mood completely ignores the fact that the legal framework to allow such technology on public roads still does not exist.
Analysis: The bluster becomes boring
Elon Musk is a divisive character and it is easy to either be caught in his wild clarity or get frustrated by the amount of imagination promised and rarely delivered.
That is part of the reason why the company has got such a loyal and sometimes aggressive fanbase. No other car manufacturer shares opinion as Tesla.
It is a shame because this department takes so much away from what the company has achieved-headly creates one of the most reliable charging networks on the planet and not only produces the best-selling EVs, but the best-selling car in the world (it’s the model y).
Focus on unattended self-driving seems contradictory, as rival companies, such as Waymo, are leagues ahead in the geopaged, autonomous riding-hailing game that is staying hundreds of thousands of miles without liberation (where a human being has to intervene) or incident.
Personally, I would like to see Tesla return to do what it does best – mainly produces EVs and technology that people will buy, rather than this endless stream of memes, hype and wildly optimistic promises.
