Elon Musk Says Tesla’s Robotaxi EV Will ‘Cost Less Than A Bus Ticket’

Tesla CEO Elon Musk has reportedly said that the company’s robotaxi will be so cheap, it’ll actually cost less to use than it would be ride the bus.

The news comes after Musk was speaking during a Q1 2022 financial conference call, with Electrek reporting that he believes that Tesla will be able to offer a lower cost per mile than busses.

“We are also working on a new vehicle that I alluded to at the Giga Texas opening, which is a dedicated robotaxi. It is going to be highly optimized for autonomy – meaning it will not have steering wheel or pedals. There are a number of other innovations around it that I think are quite exciting, but it is fundamentally optimized to achieve the lowest fully considered cost per mile or km when counting everything.”

The robotaxi is now expected to be ready for mass production in 2024, although like dog years, Elon Musk years aren’t the same as those that we live in.

We are still waiting for the Cybertruck and Roadster to begin mass production and anyone trying to buy one of the company’s cars today will face long delays before taking delivery.

Yet Musk continues to make claims about when things will be ready — take this current 2024 window with a pinch of salt, as ever.

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