Tesla stock is down 7% on the day after the robotaxi event. The robotaxi is a purpose-built autonomous vehicle, lacking a steering wheel or pedals, meaning it will need approval from regulators before going into production. The design was futuristic, with doors that open upward like butterfly wings and a small cabin with only enough space for two passengers. There was no steering wheel or pedals.
The robovan is intended to for the company’s Tesla Network, an autonomous ridehailing service for purpose-built self-driving cars, as well as Tesla customers’ personally owned vehicles.
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