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Tesla to Reveal Robotaxi with Black Box AI Technology on Robotaxi Day; Shares Up 1.2%

Oct 10, 2024, 11:35 AM

Tesla CEO Elon Musk is set to reveal the company's highly anticipated robotaxi during tomorrow's Robotaxi Day, which utilizes a unique AI-powered self-driving system. This system, however, relies on 'black box' AI technology, raising concerns about transparency and safety if issues arise. The stakes are high for Musk, who has bet his reputation and net worth on this project. Despite Tesla's previous ambitious promises, the success of the robotaxi could significantly impact the company's future. Tesla's shares have risen by 1.2% in pre-market trading ahead of the reveal. However, Tesla is still far behind Waymo in the self-driving race.