Tesla is now permitted to have 69 unsupervised Robotaxis on the road in Texas
Sherwood News • • business
Key Points:
- Tesla currently has authorization for 69 unsupervised Robotaxis in Texas, up from 42 last month, but this number is still below CEO Elon Musk's initial promises and does not guarantee active service on the roads.
- Despite the increase in authorized Robotaxis, the number of active unsupervised Tesla Robotaxis has actually declined recently, with only 23 active in the last week according to Robotaxi Tracker data.
- Tesla incorporates playful numerology in its branding, such as suggesting tips of $0.69 or $4.20 in its Robotaxi app, reflecting CEO Musk's history of referencing these numbers.
- Amazon has secured a massive $17.5 billion line of credit arranged by Citibank, intended for general corporate purposes but primarily aimed at funding its extensive AI infrastructure investments and data center build-out.
- Despite warnings from credit rating agency S&P about increasing leverage and expected negative free operating cash flow, Amazon is aggressively borrowing to support a $364 billion cloud backlog and a $200 billion capital expenditure plan for the year.