Elon Musk slashes Tesla Robotaxi fleet goal from 500 to ~60 in Austin
Ignore the promise and focus on the sensational accomplishment of “doubling” to 60 (maybe).
Ignore the promise and focus on the sensational accomplishment of “doubling” to 60 (maybe).
Stock shoots up 1000%
These announcements definitely part of the grift. With this current administration nothing will ever hurt Elon as he continues to promise nothing.
Which will soon drop to 6. And all on the same route, pre program ed, or maybe with human drivers even.
This is the correct wording of this announcement.
Is he lowering the bar for his payout? Does the criteria say that he needs to meet a specific target which is independent to this target that he is lowering???
Overpromise, underdeliver always works for Tesla
They are not a taxi company, they are a sex robot company.
Promise everything deliver nothing
Imagine the hot water anyone one of us would be in if we delivered 12% of what we promised.
He’s getting into a new market; Sex taxis.
Well he promised 2 trillion in doge savings, and essentially saved nothing
They are so good they don't need more
So Austin can expect 14 additional crashes in the next 5 months.
Nobody was after him before this administration. He has something that is making him untouchable.
Rookie numbers
Underdeliver is quickly becoming never deliver as with the roadster.
Somebody give that visionary CEO a trillion dollars!
But that's just a fraction of the fraction that he said he would have on the roads.
Tesla sounds like such a scam
DOGE ended all investigations into Elon himself and his companies.
Don't need them. Don't want them. We already have a massive fleet of driverless taxis. Zero reason to clog our parking spots with even more inefficient vehicles.
Now ask yourself why wall st loves to promote this company everyday? The grift is wide spread.
I don't believe he can lower any of the bars. He either meets certain benchmarks or doesn't get a part of the trillion.
What investigations? He's been running these scams for the past decade or two now. It's not like it's even a secret. The whole fraud is right out in the open for everyone to see. He either has lots of people in his pocket (beyond just the White House) or he has some dirt on people in high places, or maybe some combination of both but it's obvious they are afraid to mess with him.
That's after the news that he's shutting robotaxi.
It’s true that he is protected by many with vested financial interests way behind the White House. Those investigations that suddenly disappeared by DOGE would probably have never seen the light of day. Corrupt capitalism is a huge problem.
60 geofenced Teslas with a backup safety driver in the passenger seat. This is a bit of a flop.
Don't over do it sparky
Perrone Robotics are suing Tesla now for patent infringement. Regarding their autonomous software.
Genius. A 2-seater bus!
Scaling!
And one of them will be that San Francisco guy who falls asleep at the wheel.
And still not a single, actual robotaxi in sight.
*Per vehicle
What’s this 12% nonsense? The number of actual driverless robotaxis on the roads remains firmly at zero.
*pikachuface*
The thing that is causing that rise is sales dropping 50% in Europe year to year in the month of October!
I'm thinking too that many in power are riding the TSLA train themselves and don't want it to derail while they have a interest in the bubble.
Not surprised by anything. https://www.reuters.com/legal/litigation/tesla-sued-allegedly-infringing-robotics-patents-2025-11-24/
0 is the most realistic goal.
It's how they signal to the Saudis to pump more money in.
Selling 20 million cars in 10 years when the company was selling 1.8 million a year would be easy if it wasnt run by a complete moron. The valuation targets should be easy since the stock goes up with every wild promises.
I feel like every time he makes some promise, its stock manipulation and fraud. I don't know the legal premise that allows him to lie to shareholders.
Because Elon is a hack and a grifter! Give him more money so he can make things worse!
Bullish... Trillion dollar package is being fast tracked.
Oh what?? I thought there would be 1 million robo taxis by the end of the year? 🤣 Oh wait that was 2020 shit
A failed government.
Why not forward this to the SEC? This amounts to securities fraud, and the current sentiment isn’t as friendly as a few months ago
SEC won’t do anything. I wish they had the guts to do something but they won’t.
Lololol shocking.
Guys guys we are about one week from having an extension cord run to the sun for unlimited electricity! Wait, make it ten years, and it’ll just be a solar powered moon. Wait make it 50 years, and it’s just going to be a new battery size we are inventing… DDD
Wow, what a surprise. Nope, not at all.
I'm currently having to explain to my bosses boss why our deadline might slip on a 3 month project by a week. It's potentially a significant problem which will require a fair bit of him reassuring the client we won't be delayed further. Imagine I took the Musk method, promised it would be done next week, and then just didn't deliver till... 2028 or so?
He didn't save essentially nothing. He cost the US government billions.
It actually resulted in net deficits due to lost revenue from the IRS among other things as well as many deaths from the cutting of USAID.
and only elon dick riders will be allowed to reserve a ride.
Elon Epstein.
Oops. That’s a small number.
To only service Jos Rogan and his merry band of loser men.
Reduced by only 88%!!!!!
At any given time they have only about a dozen on the road no less. They may have 60 'taxi' ready but they do not field them all at the same time.
Even if you consider the 60 'taxis'. They do not put them on the road at the same time. At the moment they may have a dozen cars operational during the day. And they certainly are not robotaxi as you say. Not with a driver able to take over at any given time.
Just build a van already. Geez
Tesla is an Ai and robotics company. So taxis are no longer important /s
Doesn't matter, they're a chip company now
It worked for Star Lord. He had 12% of a plan and look at how that turned out!
Bwahahahahahaha youre a joke Elmo
Perpetually over promising and under delivering, if anyone else did this in their job they’d be fired but for some cultish reason he stays and the stock goes up…
Here you can read a nice summary of how Musk profited from having Access to the levers of power regarding all the investigations against his Companies. Including Tesla there where more than 30 investigations ongoing: [Link](https://www.epi.org/blog/corruption-in-plain-sight-how-elon-musk-has-benefited-from-the-first-100-days-of-the-trump-administration/) So no, the Administrations are not all the same. The Corruption and Collusion if the Trump Admin is on another Scale compared to Democrats.
Right? It’s an obvious scam on every level. Yet the hedge fund managers and other big money players who make the price continue to hold this bag of shit. He is bribing these people. There’s no other explanation.
Why did they wait so long?
Brought to you by the same guy that made the 5 seater subway!
Actually in California they’re in the drivers seats
If there are millions of them on 10 lane multi elevated highways, transportation is solved. Elon is such a smart man
This is like where they keep asking AI to design a perfect transit system, and every time it reinvents the train.
As they should be...
That could very well be the case.
Nah… it’s just good old white boy magic. People just need to see his net worth, his fake hair, his confident aura and shit eating grin. His representation of success makes him trustworthy to the wider American public. It’s a big part of Trump’s success as well, where despite his obvious flaws and antagonistic nature he has all of the right and enough of the middle to win two elections against candidates that don’t have the same “charisma”. Honestly if Trump’s policies were toned down to something like Romney or even Bush II the public would ignore his flaws even more and be all in on him.
Connect the dots to guess how big a loss each robotaxi is making
I will NEVER spend dime on Tesla
Stock price will still stratosphere because it’s a meme stock
>From 60.000 to 500.000 no doubt! Since he PROMISED MILLIONS TILL THE END OF THE YEAR! :D \- some idiot fanboy
Don't forget about the tunnels, so that all the traffic is underground.
What do you mean? Elon Musk Promised ***1 Million*** Tesla ***Robotaxis*** by the End of ***2020***
Fine by me. I don't want to combust.
People are too shallow themselves to see how shallow they are.
No, they are laser focused on being the best robot / autonomous vehicle / AI chip fabrication / energy services / battery manufacturer / diner they can be.
USAID was investigating starlink and how Russia gained access to terminals in Ukraine. The investigation was opened May 2024. The DOL/NLRB was investigating SpaceX and tesla for various labor and safety violations. The CFPB was investing Tesla for improper auto loans. DOD was investigating SpaceX about improper meetings with foreign governments.
Petty crap in the grand scheme of things. Where are the most obvious crimes like SEC an FTC investigations into stock fraud and consumer fraud? EPA violations? Why isn't Las Vegas taking action for the underground mess that was nowhere near what was promised? Instead they are kissing his ass.
FELL FOR IT AGAIN
This surely must show us all how successful Robotaxi is! 60 cars can do the job of 500!
Potato or corn?
You people are making a big deal out of nothing. There will be enough robotaxis to serve 50% of the US by the end of December. Elon told us so.
Never using a Musk product or service
Now he will keep saying we are doubling for the next two years
Pumping the stock is the product
Even if it were true, the traffic won't be any better.
I make it a point to avoid giving any money to any nazi-related companies
Overpromising Under delivering Overvalued
Trillionaire vibes guys
it does for the stock
At least until it at some random point in time doesn't
The government moves very slow and I agree that generally speaking his money was protecting him. But it was moving until he literally shut it down from the inside.
Because it’s a cult. The MAGA cult eclipsed Elon but people forget Elon is also a cult leader of sorts. The political apparatus in Vegas just wanted to hitch itself to his wagon and now that they started the moronic project they can’t admit it was a mistake or they’ll have to admit that they weren’t being visionaries but instead getting duped by a stupid idea.
This is a trillion dollar decision, I can feel it
Really don’t understand why we need robotaxis. I’m guessing the assumption is will cost less than a human driver? But will it? Uber showed us that is cheap at first, then enshittification happens and left with a lesser service at same price. All I see with robotaxis is money that used to go to hundreds of thousands of people goes to shareholders and Elon. Consolidation of the haves over the have nots
Lies, lies, lies. Elmo standard. (Just saw a video about Grok4.........another failure Elmo: overpromise and under deliver
Nice point. And the willing people that go along with this redistribution of wealth are now part of the next leg called AI.
They are cyber efficient.
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People will definitely be having sex in AVs. I was kinda hoping Musk would get robotaxis on the road when the hate was at its peak just to see all the different ways people could screw with them.
And killed millions of the poorest people on the planet
Yeah that definitely would have been interesting to see. But I think people will still mess with them if they ever come out in real numbers.
who needs robotaxis when there will be an optimus on every street corner that can give you a piggyback ride anywhere for free?
Ignore that man behind the curtain!!
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