Experts question Tesla's new two-seater robotaxi design

Following Tesla's highly anticipated "Robotaxi Day" event, the company's stock experienced a significant drop of 8.78 percent, leading to an approximate $70 billion decrease in its market value.

Experts question Tesla's new two-seater robotaxi design
Following Tesla's highly anticipated "Robotaxi Day" event, the company's stock experienced a significant drop of 8.78 percent, translating into a nearly $70 billion decrease in market value.

During the event, Tesla did not offer clarity on critical issues such as how it plans to navigate regulatory barriers, set pricing standards, roll out its services globally, or manage safety incidents.

"Elon Musk has not presented any 'verifiable evidence' of advancements in Tesla's autonomous driving technology," commented an analyst from American investment bank Jefferies. "This makes it difficult for us to assess the feasibility of the goals outlined by Musk at the event, especially considering there's no precedent for achieving a higher level of autonomous driving relying solely on visual methods."

Musk also did not address how a two-seater robotaxi would meet the needs of families going to restaurants or airports, nor whether he envisions this vehicle appealing mainly to a niche market.

"When you think of a cab, you think of something that's going to carry more than two people," noted Jonathan Elfalan, vehicle testing director for the automotive website Edmunds.com. "Making this a two-seat-only car is very perplexing."

John Krafcik, former CEO of Waymo, remarked that Tesla's design seemed "more playful than serious," and suggested that the two-door setup could present issues for older passengers and individuals with disabilities.

Furthermore, introducing a large number of two-seater vehicles could potentially worsen traffic congestion. While Musk showcased a state-of-the-art robovan capable of accommodating up to 20 passengers, specifics regarding its production timeline and pricing remain undisclosed.

Ramin Sohrabi contributed to this report for TROIB News