Tesla Aims to Produce Robo Taxis in 2024

From PC Mag: Tesla's next major project involves creating self-driving "robo taxis" that promise to be cheaper than public transportation.

"I think it'll be a very powerful product where we aspire to reach volume production of that in 2024," Tesla CEO Elon Musk said in an earnings call on Wednesday.

The vehicle will also be very different from a standard Tesla electric car. According to Musk, the robo taxis will be manufactured without steering wheels or pedals. “And there are a number of other innovations around it that I think are quite exciting,” he added.

The taxi’s main goal is to "achieve the lowest fully considered cost per mile or cost per kilometer, accounting everything," Musk said. “Looking at some of our projections, it would appear that a robo taxi ride will cost less than a bus ticket, a subsidized bus ticket or subsidized subway ticket."

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