They’re calling BS.
Cost Benefit
As Elon Musk’s Tesla triples down on an autonomous ridehailing service, analysts are ringing the alarm bells, warning that even if the technology were swiftly perfected, it could take many years for robotaxis to become profitable.
As Business Insider reports, analysts at HSBC warn that the market for driverless taxis — if there even is one — is being “widely overestimated.”
In a note published on Monday, they posited that driverless cabs involve a whole host of “overlooked” costs that could severely cut into already…
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