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Tesla’s Robotaxi Rollout
Tesla plans to introduce driverless robotaxis within the next few months, aiming for approval to operate without safety drivers by 2026. CEO Elon Musk highlighted this during a recent earnings call, noting that the “Cybercab” will be Tesla’s “single biggest expansion in production” in that year.
As of September, Tesla reported seven collisions involving its robotaxis over more than 250,000 miles driven, resulting in a collision rate of one incident every 35,700 miles. In contrast, Waymo has an incident rate of 2.1 per million miles, equating to about 71,400 miles before an incident. While Tesla acknowledges a cautious approach to the rollout due to safety concerns, its Full Self-Driving (FSD) data suggests an average of 986,000 miles before a minor collision.
Investors are advised to watch for regulatory approval as a key milestone, with Tesla’s significant data collection on its FSD providing potential reassurance for future robotaxi safety advancements.
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