[Rajoo]

Here is some interesting news about Tesla. Musk overruled his management team and opted to go with robo taxis (he calls them Cyber taxis) instead of a new lost cost model. Only new vehicle they have developed in the last five years is the Cybertruck which is now a total disaster, they have more in inventory than buyers.

So here is how the Musk robo taxi model is supposed to work. Tesla sells their cars but somehow shares profits from each ride. Their goal is to make money not just selling the car but also on the rides the vehicle makes during it's lifespan estimated to be about five years or in numbers, 3X to 5X of the cost of the car in additional revenues. I would love to take peek at that agreement just for kicks.

The dumbest thing is that his robo taxis do not have a steering wheel, so don't expect to find them in Carmax parking lots once their half life is over. What a joke. Fortunately for Musk, chances of Tesla actually developing an autonomous vehicle is zero to none according to Waymo.