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home / articles / TECH - Are Consumers Ready For Robotaxis From Tesla Alphabet GM? New Survey Says Not Yet | Benzinga


TECH - Are Consumers Ready For Robotaxis From Tesla Alphabet GM? New Survey Says Not Yet | Benzinga

The future launch of robotaxis from Tesla Inc (NASDAQ: TSLA) is one of the reasons some investors such as Cathie Wood see the valuation of the electric vehicle maker growing.

A new survey covering the robotaxi sector might not help the thesis of future adoption of robotaxis.

What Happened: Tesla CEO Elon Musk believes robotaxis will be a future growth item for Tesla. Musk has long been a fan of self-driving capabilities and publicly supported the technology he argues could solve lives and provide other benefits for the future.

The recently released J.D. Power U.S. Robotaxi Experience Study reveals consumers might not be ready to embrace robotaxis, even in markets where they are currently legally tested.

The inaugural survey polled residents who live in areas of Phoenix, Arizona and San Francisco, California, where robotaxis can operate.

The survey found only 27% of robotaxi non-riders feel comfortable sharing the road with robotaxis. Only 20% of those surveyed are comfortable with robotaxis being tested on roads near them.

While many were skeptical of the future of robotaxis, the survey also showed those who have experienced a robotaxi are more likely to have increased support.

Of those surveyed who have ridden in a robotaxi, ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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