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    Tesla’s Self-Driving ‘Robotaxi’ to Enter the Spotlight

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    Elon Musk has said that the vehicle will add trillions to Tesla’s stock market value and that those who don’t believe him should sell their shares.Tesla on Thursday plans to unveil a product that Elon Musk, the company’s chief executive, has said will add trillions of dollars to its stock market value and fuel its growth.The product is a prototype of a self-driving taxi. And it will be shown at an invitation-only, evening event at the Warner Bros. studio in Los Angeles. Mr. Musk has promised that the cab, which he calls the Robotaxi, will be able to ferry passengers to any destination without human intervention, a feat that other companies have achieved in just a few places like Phoenix and San Francisco.Mr. Musk’s supporters and fans believe that the Robotaxi will open a lucrative line of business that will more than make up for Tesla’s recent struggles in the electric car market, where it has lost market share to more established carmakers. Mr. Musk has said people will be able to purchase Robotaxis for personal use and earn extra money by allowing the vehicles to ferry passengers, the automotive equivalent of listing a home on Airbnb.“An autonomous taxi platform will unlock a multitrillion-dollar market,” Tasha Keeney, director of investment analysis at ARK Invest, an asset management firm that owns shares in Tesla, said in a statement.But other analysts and autonomous driving experts are skeptical that Tesla can perfect the technology and make a profit from it anytime soon.A car capable of functioning as a self-driving taxi “is still several years away, and numerous technological hurdles, safety tests and regulatory approvals are still standing in the way,” Garrett Nelson, senior equity analyst at CFRA Research, said in a note this week.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.

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      Tesla says self-driving taxis will power its growth, but the company hasn’t said when such a service would be ready or how much it would increase profits.As sales of its electric cars have fallen, Tesla and its chief executive, Elon Musk, have sought to convince Wall Street that the company’s future lies not in the grinding business of making and selling cars but in the far more exciting world of artificial intelligence.In Mr. Musk’s telling, one of Tesla’s main A.I.-based businesses will be driverless taxis, or robotaxis, that can operate pretty much anywhere and in any condition. Tesla is very close to perfecting such vehicles and will easily secure regulatory approval to put them on roads, Mr. Musk said last week on a conference call to discuss the company’s second quarter results.Mr. Musk’s vision of autonomous vehicles, or A.V.s, is not limited to cars that drive themselves. He has also claimed that individuals who buy Teslas would be able to make money when they are asleep or at work by letting the company use their cars as robotaxis.The robotaxi service will, Mr. Musk has said, catapult Tesla’s stock market valuation, around $700 billion now, into the trillions of dollars.But first, a lot will have to go right.His idea would require major advances in technology and fundamental changes in the way people view cars. The experience of driverless taxi services like Waymo and Cruise in Phoenix, San Francisco and other cities raises questions about when such offerings will become profitable and how much money they will make.Tesla’s technology will face stiff competition from Waymo, a subsidiary of Alphabet, the parent company of Google; ride-hailing services like Uber and Lyft; and Amazon’s self-driving business Zoox. Carmakers including General Motors, which owns Cruise, are also pursuing autonomous driving, along with Chinese tech and auto companies like Baidu and BYD.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Tesla Settles Lawsuit Over a Fatal Crash Involving Autopilot

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      A Tesla driver’s family had sought damages for the 2018 crash, which happened while the carmaker’s driver-assistance software was in use.Tesla on Monday settled a lawsuit that blamed the automaker’s driver-assistance software for the death of a California man in 2018, averting a trial that would have focused attention on the company’s technology several months before it plans to unveil a self-driving taxi.The trial stemming from the death of Wei Lun Huang, an Apple software engineer who went by Walter, was scheduled to start Monday with jury selection. The case was one of the most prominent involving Tesla’s Autopilot software, attracting significant public attention and prompting an investigation by the National Transportation Safety Board.Terms of the settlement with Mr. Huang’s children and other members of his family were not disclosed, and Tesla filed court documents seeking to prevent them from being made public.Testimony in the trial would have put Tesla’s autonomous driving software under close scrutiny, further fueling a debate about whether the technology makes cars safer or exposes drivers and others to serious injury or death.Elon Musk, the chief executive of Tesla, has said the company’s self-driving software will generate hundreds of billions of dollars in revenue. Investors have used his claims to justify the company’s lofty stock market valuation. Tesla is worth more than any other carmaker even though its shares have plunged in recent months.Mr. Musk said on X last week that Tesla would introduce a self-driving taxi, Robotaxi, in August. If Tesla has in fact perfected a vehicle that can ferry passengers without a driver — which many analysts doubt — the development will help answer criticism that the company has been slow to follow up its Model 3 sedan and Model Y sport utility vehicle with new products.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      New York Is Failing to Meet Wheelchair-Access Goal for Cabs, Suit Says

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      Officials had committed to making sure that 50 percent of the city’s taxi fleet could accommodate wheelchair users by 2023. A lawsuit says they have fallen short.Advocates for New Yorkers with disabilities have sued taxi regulators for falling short of complying with a legal settlement that required half of the city’s licensed taxis to be wheelchair-accessible.The suit argues that taxi regulators have shown that they have “no intention of even attempting” to meet the goal.On Wednesday, the group of advocates, which includes four nonprofits, filed a motion in U.S. District Court in Manhattan urging a judge to order the city to meet the requirement. Only 42 percent of active taxis can accommodate wheelchair users.“It is so disheartening that the city doesn’t want to be more than 50 percent accessible,” said Dan Brown, an attorney representing the plaintiffs. “The fact that they haven’t met the goal is really beyond disappointing and sad.”Jason Kersten, a spokesman for the city’s Taxi and Limousine Commission, said in a statement that the commission is “committed to accessibility.”“When you factor in our entire fleet, we now have almost three times the number of accessible vehicles than we did five years ago,” Mr. Kersten said. “We will keep working to make our fleet even more accessible.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      A Crisis at Gaza’s Hospitals, and More

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      The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter.The Headlines brings you the biggest stories of the day from the Times journalists who are covering them, all in about 10 minutes.The Indonesian Hospital in Gaza earlier this month. The enclave has 36 hospitals.Anas al-Shareef/ReutersOn Today’s Episode:Critical Trauma Care Is Not Possible at Any of Gaza’s Hospitals, the W.H.O. Says, by Farnaz FassihiFederal Court Moves to Drastically Weaken Voting Rights Act, by Nick Corasaniti‘Lost Time for No Reason’: How Driverless Taxis Are Stressing Cities, by Yiwen LuEmily Lang More