Tesla Will Need Riders for Its Robotaxis

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.3 • 1.7K Ratings

🗓️ 10 October 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tesla is expected to announce plans for a new robotaxi on Thursday. Networks of expensive self-driving cabs need lots of paying riders. Could a partnership with a ride-hailing company help? WSJ Heard on the Street columnist Dan Gallagher talks to host Zoe Thomas about Tesla’s anticipated plans and what investors are making of them. Plus, striking dockworkers are back on the job, but contract negotiations still have to work out a thorny issue: automation. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	How do airplanes fly? What's in this box? What does this thing do?
0:05.0	Kids are curious about everything including guns.
0:08.0	Learn how to store your guns securely and make your home safer at
0:11.2	N-family Fire.org brought to you fire at n family fire Brady and the I
0:14.6	counsel.
0:19.1	Welcome to Tech News briefing. It's Thursday, October 10th.
0:23.0	I'm Zoe Thomas for the Wall Street Journal.
0:26.0	Tesla is expected to announce its entry into the Robo Taxi Market
0:30.0	at an event later today.
0:32.0	And while these cars may not need drivers,
0:34.8	to make the economics work, they will need a lot of passengers.
0:38.9	We'll explain how investors seem to be approaching Tesla's
0:42.3	entrance into this space and how that's impacting
0:45.2	shares of another company.
0:47.7	Plus, striking dock workers are back on the job on East Coast ports, but the latest agreement only gives the Union the What to do about automation at U.S. ports?
1:04.0	Our reporter Paul Berger will tell us about both sides arguments.
1:08.0	But first, later today, Elon Musk is expected to announce Tesla's self-driving taxi plans.
1:19.8	In the past, he's called the company's plan a combination of Airbnb and Uber.
1:25.0	Investors seem to be betting that Tesla's entry into the robo-taxi space could come at the expense of
1:31.0	Uber.
1:32.0	Are heard on the street columnist Dan Gallagher is here to
1:34.7	tell us more. So Dan, tell us a little bit about what we expect to learn
	...

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