Get ready for some exciting updates from the world of Tesla and Elon Musk! The future of transportation is about to take a bold step forward.
In a recent development, Elon Musk has revealed some big changes for Teslas operating within the Boring Company's Vegas Loop. But here's where it gets controversial... Musk plans to remove drivers from these vehicles, taking us one step closer to a fully autonomous future.
The Vegas Loop, an innovative underground tunnel system, has been a game-changer for Las Vegas. It uses Teslas to shuttle people to various hotspots on the strip, and it's about to get even more efficient. With over 100 planned stations and spanning over 68 miles, the Loop is set to become a massive network.
Currently, the Loop utilizes Model 3 and Model Y Teslas, driven by the Full Self-Driving suite, but with a safety driver on board. However, Musk aims to make these rides fully driverless within the next month or two. And this is the part most people miss: Tesla's Robotaxi platform in Austin is also on a similar timeline, with safety monitors set to be removed by the end of the year.
But why the rush? Musk believes that Teslas operating on FSD are safer than human drivers, and he's not alone in this opinion. A handful of tech entrepreneurs, including Shai Wininger, President and Co-founder of Lemonade Insurance, agree. Wininger has even offered to insure Tesla FSD miles for almost free! This could be a game-changer for Tesla owners, providing stable and accurate insurance while encouraging the use of the Full Self-Driving suite.
However, not everyone is on board with Musk's ambitious plans. Institutional Shareholder Services (ISS) has advised shareholders to vote against Musk's $1 trillion pay package, citing concerns about potential dilution for existing investors. The package, designed to keep Musk at the helm of Tesla for the next decade, could grant him access to extraordinarily high pay opportunities, impacting future pay levels.
And while we're on the topic of Musk's ventures, let's talk about SpaceX. The company recently shared a video of Starship's Super Heavy booster, and it's mind-blowing! The booster's maneuver was so precise and impressive that it almost looked AI-generated. This feat showcases SpaceX's dominance in the spaceflight sector and their commitment to pushing boundaries.
So, what do you think about these developments? Are you excited about the future of autonomous transportation, or do you have concerns? Share your thoughts in the comments! We'd love to hear your opinions on these bold moves by Elon Musk and his companies.
