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Tesla bull ARK Invest estimates robotaxi fleet launch dates

(Credit: Tesla)

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TSLA bull ARK Invest shared predictions for the potential launch date for Tesla’s robotaxi fleet. 

The global asset manager used its updated Monte Carlo model to provide a range of potential launch dates for Tesla’s robotaxi fleet. ARK Invest believes in the best-case scenario, Tesla’s robotaxi fleet will launch by Q4 2023. The worst-case scenario is that the Tesla robotaxi fleet will be launched in 2030. The long-time TSLA bull predicted that the first year of Tesla’s robotaxi commercialization would also likely happen in late 2024, depending on certain variables. 

To sum everything up, ARK Invest predicts the earliest the Tesla robotaxi fleet could launch is later this year. If the EV automaker doesn’t launch its robotaxi fleet this year, the next most likely launch date is late 2024. In the unlikely event that Murphy’s law hits and everything that can go wrong does go wrong, the Tesla robotaxi fleet could launch in 2030. 

ARK Invest strongly believes that Tesla’s robotaxi business has far more potential than its automotive sales business. 

“Tesla’s prospective robotaxi business line is a key driver, contributing 67% of expected enterprise value and 64% of expected EBITDA in 2027,” noted ARK in its recently published report. “Across our simulation set, electric vehicles account for 47% of revenues in 2027, at substantially lower margins than robotaxi revenue. The chart below breaks down attributable revenue, EBITDA, and value by business line.”

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Tesla CEO Elon Musk holds a similar view. During the last earnings call, Musk emphasized the critical role autonomy will play in Tesla’s profits. 

“We’ve taken a view that pushing for higher volumes and a larger fleet is the right choice here versus a lower volume and higher margin. However, we expect our vehicles, over time, will be able to generate significant profit through autonomy,” Musk said.

“So we do believe we’re like laying the groundwork here, and then it’s better to ship a large number of cars at a lower margin and, subsequently, harvest that margin in the future as we perfect autonomy. This is an extremely important point.”

Despite his past predictions, Musk is optimistic that Tesla will reach full autonomy this year. The EV automaker’s recent actions hint that it is closer to autonomy than ever before, considering increased talk about Tesla’s next-generation vehicles. Tesla has teased a robotaxi car over the years, but 2023 seems different. The company has shown a clear path toward a ride-hailing car in Master Plan Part 3 and the announcement of Gigafactory Mexico. 

The Teslarati team would appreciate hearing from you. If you have any tips, contact me at maria@teslarati.com or via Twitter @Writer_01001101.

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Maria--aka "M"-- is an experienced writer and book editor. She's written about several topics including health, tech, and politics. As a book editor, she's worked with authors who write Sci-Fi, Romance, and Dark Fantasy. M loves hearing from TESLARATI readers. If you have any tips or article ideas, contact her at maria@teslarati.com or via X, @Writer_01001101.

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Tesla welcomes Chipotle President Jack Hartung to its Board of Directors

Tesla announced the addition of its new director in a post on social media platform X.

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Credit: @ArthurFromX/X

Tesla has welcomed Chipotle president Jack Hartung to its Board of Directors. Hartung will officially start his tenure at the electric vehicle maker on June 1, 2025.

Tesla announced the addition of its new director in a post on social media platform X.

Jack Hartung’s Role

With Hartung’s addition, the Tesla Board will now have nine members. It’s been a while since the company added a new director. Prior to Hartung, the last addition to the Tesla Board was Airbnb co-founder Joe Gebbia back in 2022. As noted in a Reuters report, Hartung will serve on the Tesla Board’s audit committee. He will also retire from his position as president and chief strategy officer at Chipotle, and transition into a senior advisor’s role at the restaurant chain, next month.

Hartung has had a long career in the Mexican grill, joining Chipotle in 2002. He held several positions in the company, most recently serving as Chipotle’s President and Chief Strategy Officer. Tesla highlighted Hartung’s accomplishments in a post on its official account on X.

“Over the past 20+ years under Jack’s financial leadership, Chipotle has seen significant growth with over 3,700 restaurants today across the United States, Canada, the United Kingdom, France, Germany, Kuwait and the United Arab Emirates. Jack was named ‘CFO of the Year’ by Orange County Business Journal and Best CFO in the restaurant category by Institutional Investor,” Tesla wrote in its post on X.

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Tesla Board and Musk

Tesla is a controversial company with a controversial CEO, so it is no surprise that the Board of Directors tend to get flak as well. Two weeks ago, for example, Tesla Board Chair Robyn Denholm slammed The Wall Street Journal for publishing an article alleging that company directors had considered a search for a potential successor to Elon Musk. Denholm herself has also been criticized for offloading her TSLA shares.

More recently, news emerged suggesting that the Tesla Board of Directors had formed a special committee aimed at exploring a new pay package for CEO Elon Musk. The committee is reportedly comprised of Tesla board Chair Robyn Denholm and independent director Kathleen Wilson-Thompson, and they would be exploring alternative compensation methods for Musk’s contributions to the company.

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Tesla posts FSD demonstrations in Australia and France

Tesla is expected to roll out a robotaxi service that uses FSD Unsupervised in Austin, Texas sometime next month.

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Credit: Tesla Europe & Middle East/X

Tesla definitely seems determined to prove that its Full Self-Driving (FSD) system is capable of operating safely anywhere. This was highlighted by the company in a couple of videos posted on social media platform X, which showed the self-driving system in action in Australia and France.

Tesla is expected to roll out a robotaxi service that uses FSD Unsupervised in Austin, Texas sometime next month.

New FSD Unsupervised Demonstrations

To start off Tesla’s recent demonstrations, the Tesla AI Team posted a video of FSD Supervised being tested in Melbourne, Australia. The video was nearly two minutes long, and it featured FSD navigating the city’s busy inner streets. FSD handled the drive without any issues, even performing Australia’s infamous hook turn at one time. The demonstration was received warmly by the EV community, especially since FSD accomplished all this while operating an RHD vehicle. 

Another FSD demonstration, this time posted by the official Tesla Europe & Middle East X account, featured the Supervised self-driving system navigating France’s complicated Arc de Triomphe. The area is challenging, considering that it’s one of the largest roundabouts in the country. FSD Supervised, however, expertly handled the roundabout, pausing for cars as needed and maintaining a safe distance from other vehicles.

Tesla did place a disclaimer on its recent test videos, stating that “FSD (Supervised) engineering test drive in a prototype vehicle driven by a safety driver. For demonstration purposes only. FSD (Supervised) is a hands-on feature that requires driver control of the vehicle and attention on the road at all times. Future activation and use subject to development and regulatory approval.”

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FSD Unsupervised

Tesla is not yet rolling out FSD Unsupervised to consumer vehicles. The company, however, has been using the system to transport cars from the Fremont Factory and Giga Texas’ production lines to their respective staging areas. In Giga Texas, freshly produced Model Y units drive completely driverless for 1.4 miles before reaching its staging lot. The Cybertrucks, on the other hand, navigate a Boring Company tunnel on their way to their staging area.

Tesla is planning on releasing a dedicated robotaxi service using Model Y vehicles equipped with FSD Unsupervised in Austin, Texas this June. Previous reports also suggest that Tesla is hard at work preparing for the rollout of its robotaxi service, with the company reportedly testing 300 vehicles around Austin over the past months. Tesla has reportedly also conducted safety tests and training sessions with Austin’s first responders from the fire department and police as part of its robotaxi service preparations.

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United Airlines debuts Starlink Wi-Fi on Detroit flight

United’s first passenger flight with Starlink Wi-Fi just landed in Detroit. Mainline flights to follow by year-end.

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(Credit: United Airlines)

United Airlines debuted Starlink Wi-Fi on its first passenger flight to Detroit, marking a milestone in in-flight connectivity with SpaceX’s satellite internet.

On Thursday, the morning flight from Chicago’s O’Hare International Airport introduced high-speed, gate-to-gate Starlink internet for United Airlines passengers. The Starlink-equipped United Embraer E-175, tail number UA5717, departed at 7:35 a.m. for Detroit Metropolitan Airport.

United announced the rollout on X, stating, “That lightning-fast Wi-Fi we told you about? It’s here. Our first customers just found out what it’s like to break the Wi-Fi barrier and stream, scroll, shop, and game just like at home with Starlink. And it’s FREE for MileagePlus members. Rolling out across our fleet now.”

The service leverages Starlink’s 7,000+ low Earth orbit (LEO) satellites to deliver broadband globally, including in remote areas. United is the only major U.S. airline currently offering Starlink. The airline plans to expand the service across its two-cabin regional fleet and introduce it on mainline flights by year-end.

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Sean Cudahy from The Points Guy tested Starlink’s Wi-Fi pre-launch, praising its ease and reliability. “I ran a speed test, and it clocked the Wi-Fi at 217 Mbps of download speed, and 26.8 Mbps of upload speed,” Cudahy shared, noting its suitability for long flights.

Beyond aviation, SpaceX is pitching Starlink as a GPS alternative, emphasizing its potential for Positioning, Navigation, and Timing (PNT) services. This dual capability underscores Starlink’s versatility.

In a letter to the FCC, SpaceX wrote, “One opportunity stands out as a particularly ripe, low-hanging fruit: facilitating the rapid deployment of next-generation low-Earth orbit (‘LEO’) satellite constellations that can deliver PNT as a service alongside high-speed, low-latency broadband and ubiquitous mobile connectivity.”

As SpaceX expands Starlink’s applications, from aviation to navigation, United’s adoption signals a broader shift toward satellite-driven connectivity on long flights. With plans to equip more aircraft, United and Starlink are redefining in-flight internet, promising seamless digital access at 30,000 feet.

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