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Elham AbolFateh

Automobile

Elon Musk claims Tesla will have robotaxis on roads by 2020

Tuesday 23/April/2019 - 08:28 PM
Sada El Balad
Tesla CEO Elon Musk yesterday laid out another series of ambitious targets while hosting a Tesla Autonomy Investor Day، as Auto Car said.

These included more details of a plan to profitability for the American electric vehicle (EV) maker during a period of additional financial turmoil. There is concern within Wall Street that demand for Teslas has slowed after an initial global rush this year، while short-term problems such as arranging successful deliveries globally has proved to be a sticking point.

Musk forecasted that the company will become “extremely cashflow-positive” once it has established a network of “autonomous robotaxis”، beginning next year. He admitted that Tesla “won’t have regulatory approval everywhere” to run such a network but said he was “confident we will have at least regulatory approval somewhere، literally next year”.

Acknowledging criticism of Tesla sometimes failing to deliver on its promises، Musk said: “All these things، I said we’d do them. We did it. We’re going to do the robotaxi things too. The only criticism – it’s a fair one – sometimes they’re not on time”.
Edited by Ahmed Moamar

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