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Will This Save Tesla?
Yeah, no, it could actually kill it.
You may have noticed that Tesla is in a bit of a sticky situation at the moment. With plummeting sales, decimated profits, and a stock price headed straight for the floor, Tesla seems about ready to throw itself onto the scrap heap. But there are growing whispers that Musk could turn this nightmare around. During a recent earnings call, Musk announced that Tesla will launch its robotaxi service and enable Teslas to become fully autonomous later this year! He even hinted at these robotaxis rapidly reaching profitability, seemingly backing up Cathie Wood’s predictions that Tesla could soon be a multi-trillion-dollar company. How on Earth can Tesla do this? Have they made a gargantuan technological leap? Well, no, their self-driving technology is still about as safe as letting a myopic 12-year-old drive. Instead, thanks to Trump and DOGE, the NHTSA has significantly relaxed self-driving regulations, which has paved the way for Tesla to do whatever it likes. I see no problem here; after all, the deregulation of potentially dangerous industries has never harmed anyone! What’s that about 2008…? Either way, this is Musk’s last-ditch attempt to save Tesla. So, can he do it? Ha, not at all!
Let’s start with the obvious. Lowering regulations won’t make Tesla’s famously crap self-driving systems any safer.
