It's not hard to see where Muskrat is going with his "Robotaxi". He wants to turn automobiles from an Ownership model to a Service model where people pay by the use to ride around in cars he owns. In other words, a renta-car company with computerized drivers, dispatchers and desk personnel. Uber without the drivers. Just like Microsoft turned software from a program you bought on a disk and could use as you wanted to a service you get from the Cloud and have to pay annual fees for. They own it, you rent it. Classic capitalist thinking.
Although fewer people all the time can afford to buy a car and most cars sit empty and unused most of the time so it's very inefficient, people who can affordto travel around willy nilly want their OWN cars to drive around. People who cannot afford their own cars will not be able to afford the per ride robotaxi cost Muskrat will need to charge to make his idea profitable.
He keeps digging himself a deeper hole.
https://www.investors.com/news/tesla-stock-a-buy-or-a-sell-in-2024/
Is Tesla Stock A Buy Or A Sell As Tesla Bull Claims Robotaxi Is 'Not The Answer'?
RE
Is Tesla Stock A Buy Or A Sell As Tesla Bull Claims Robotaxi Is 'Not The Answer'?
Started by RE Apr 12, 2024, 03:44 PM
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