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Americans aren’t sure if they’re ready for self-driving cars

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As Tesla gets ready to unveil its new product on October 17 which many believe will be related to some form of Autopilot hardware update, we ask the question Are Americans really ready for self-driving cars? The answer really depends on who you’re asking. Four recent polls conducted by four different organizations received wildly different results when gauging whether the general population is ready to experience autonomous driving technology.

In April, a University of Michigan poll found less than 16% of respondents were willing to ride in a self-driving car. 46% said they didn’t want any self-driving features on their own cars. Another 39% told the U of M pollsters they only want some but not all autonomous driving features. 90% reported they want the car they are riding in to have a steering wheel and pedals regardless of what level of autonomy it features.

Kelly Blue Book released results from its recent national study which polled 2,200 people between the ages of 12 and 64 to see if they’re ready to embrace advancements in self-driving technology. 80% said humans should always have the ability to take over active control of their cars while 64% reported they feel the need to be in control of their vehicle at all times. Another finding reported by the Philadelphia Inquirer said 60% of poll respondent said they know little to nothing about self-driving cars.

These results caught the attention of the Consumer Technology Association (CTA) and prompted the group to conduct its own poll. When 2,001 people were asked about their opinion of self-driving cars, 70% told CTA they were ready to test drive a self-driving car. Almost as many said they were interested in replacing their current ride with a car that drives itself.

How can such contrary results be explained? Perhaps a more accurate picture of people’s attitudes comes from a survey conducted face to face by the Texas A&M Transportation Institute. It included both drivers and non-drivers over a wide range of ages. 36% said they were enthusiastic about self-driving cars while 18% said they had no intention of ever setting foot in one.

“My thinking on that is that as people learn more, that will sway them one way or the other,” said Johanna Zmud, a TTI research scientist who co-authored the study. “My personal opinion is that [enthusiasm is] probably going to get larger as people come to understand the benefits of the technology.”

That last statement may help explain why different surveys have such different results. It’s all in what questions are asked and how they are presented. Even experts have difficulty explaining the distinctions between the various levels of autonomy. The odds are that people taking an online survey might have an imperfect understanding of the questions they are being asked.

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This may be the most important finding of all. According to the Philadelphia Inquirer, the CTA survey found 82% of respondents liked the idea that self driving cars could reduce injuries and deaths from drunk driving, drug use, or road rage.

One thing everyone can agree on is that awareness of self-driving technology is on the rise and the person most responsible for that is likely Tesla CEO Elon Musk. His single minded pursuit of systems that allow cars to drive themselves has made headlines ever since Autopilot was activated a year ago. Musk says one day self-driving cars will be as common as automatic elevators. That’s the kind of headline that gets people’s attention.

"I write about technology and the coming zero emissions revolution."

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Elon Musk

Elon Musk sheds two new bits of detail on Starship after 13th test launch

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Credit: SpaceX

Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.

SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.

The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.

SpaceX Starship just nailed something it’s never done before

Nevertheless, more details are coming out about Starship, and Musk is doing the talking.

Starship Will Be Retrieved in the Ocean

Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.

This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.

Ship Could Have Been Caught by Tower Arms, Musk claims

Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.

A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.

It is a necessity to make life multiplanetary.

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Elon Musk updates the SpaceX timeline for Mars

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Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.

The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.

Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”

The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”

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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.

Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.

SpaceX Board has set a Mars bonus for Elon Musk

In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.

The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

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