FYI: Tesla has sent out invitations for its much-anticipated Robotaxi Event, set to take place at Warner Bros. Studios, Burbank, Los Angeles, on October 10.
Tesla Sends Out Invitations for Robotaxi Event: Here’s the Full Scoop
Tesla is gearing up for a significant milestone event, inviting selected guests to its Robotaxi showcase titled “We, Robot.” The company began distributing invitations at around 5 p.m. EDT on Wednesday. Slated for October 10, this event promises to reveal groundbreaking advancements in Tesla’s fully autonomous vehicle platform.
Originally slated for August 8, the event faced a delay as CEO Elon Musk desired some critical design revisions. He hinted at broader disclosures to be made during this updated showcase.
"Requested what I think is an important design change to the front, and extra time allows us to show off a few other things," Musk tweeted on July 15, 2024.
Analyst Insights on Tesla’s Robotaxi Event
The upcoming event has generated diverse opinions from industry analysts:
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Dan Ives, Wedbush:
“While the knee-jerk reaction will clearly be negative on a delay of August 8th based on this report that just hit, we believe the timing of robotaxis, partnerships, and the ultimate autonomous and AI-driven technology does not change at all for our bullish Tesla thesis. To some extent, we believe this 2-month delay could just make the actual Robotaxi event and prototypes even better.” -
Mark Delaney, Goldman Sachs:
“Whether Tesla provides more details or unveils the new lower-cost model at the 10/10 event has also been a frequent topic in our investor discussions.” -
Ben Kallo, Baird:
“We see the launch of a lower-priced vehicle as a positive for volume estimates in 2025. However, we note that switching production to enable a new vehicle would likely come with some factory downtime, which may create lumpiness in deliveries.” - Adam Jonas, Morgan Stanley:
"Heading into Tesla’s 10/10 robotaxi event, we are, frankly, struggling to see how the day can live up to investors’ high expectations. Other than demonstrating FSD v12.5 and offering rides in a Gen 1 ‘Cybertcab,’ what else is in store?"
Event Details
Entry to Tesla’s Robotaxi Event is restricted to those aged 21 and above, with limited available slots. This exclusive event aims to highlight Tesla’s advancements in autonomous vehicle technology and their future roadmap.
Conclusion
Tesla’s upcoming Robotaxi Event at Warner Bros. Studios is set to be a cornerstone moment, not just for the company, but for the entire industry. As the clock ticks down to October 10, the anticipation is palpable, and the insights to be unveiled promise to redefine the future of autonomous driving.
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William Kouch, Editor of Automotive.fyi