The idea of creating an autonomous taxi service has been kicking around Tesla for at least eight years, but the company has yet to stand up much of the infrastructure it would need, nor has it secured regulatory approval to test such cars on public roads. — Reuters
Elon Musk’s underlings at Tesla Inc are accustomed to chaos. It comes with the territory of working for a chief executive who sets exacting targets and often abruptly switches directions – whose biographer describes his more intense moods as “demon mode”.
But even by Tesla standards, this year has been unruly. Its stock has slid more than 40% amid slumping sales, confusing product decisions and more price cuts. Its once-dominant position in China’s EV market is under assault.
