(Jay Janner/Getty Images) |
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- Which celebrity do Americans think is the coolest, per a recent YouGov survey?
Check your answer.
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Tesla finally reported un-redacted information about its Robotaxi crashes |
Since launching last summer in Austin, Tesla’s Robotaxis have been involved in 17 crashes in the city, according to its latest filings with the National Highway Traffic Safety Administration. Unfortunately for reporters, heretofore Tesla hadn’t revealed much, as the narrative section of the reports were completely redacted. Until now.
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- The Robotaxi was apparently at fault in about seven of the 17 crashes; a human safety monitor was present in the vehicle for all of them.
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In two of the incidents, the crash happened after Tesla’s remote operator took over. In the vast majority, no one was hurt, with just two minor injuries and one hospitalization, in an incident where the Robotaxi was rear-ended by an SUV.
- Typically the crashes resulted in damaged property.
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One crash involved a dog that “made contact with the bottom of the Tesla ADS’s [automated driving system’s] front right bumper which caused the dog to be pushed to the right, into the lane and path of an approaching van.” The report said the dog was seen running away from behind the van.
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For all the details, check out the table we made here.
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On Tesla’s earnings call in April, CEO Elon Musk incorrectly said that there hadn’t been a single Robotaxi accident. The rollout of the service itself has also been much slower than Musk originally advertised. In San Francisco and Austin, there are still safety monitors in the front seat. The company’s recent driverless expansion to Houston and Dallas includes only a handful of vehicles, and a recent Reuters report on those found them to be struggling. In one instance, what should have been a 20-minute trip took two hours.
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While Musk may be distracting a lot of Tesla investors with the impending, shiny, new IPO for SpaceX (which is reportedly coming as soon as June 12!), a lot of Tesla’s future depends on the success of its Robotaxi rollout.
As Musk himself said in April: “The future of the company is fundamentally based on large-scale autonomous cars and large scale and large volume, vast numbers of autonomous humanoid robots.”
In January, Tesla said that it would expand Robotaxi service to nine markets — including Miami and Phoenix — by the first half of 2026, but the company has since updated its language around the planned expansion to say just that “preparations [are] underway.” |
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A Different Way To Own Gold |
For the last few years, the world's central banks have been making a major move into gold. In a recent World Gold Council survey, 95% of central bank representatives expected global gold reserves to increase through 2026, signalling the metal’s structural strength.
While many investors track the price of bullion through ETFs, less consider a royalties-based model — like the one used by Versamet (NASDAQ: VMET).
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Versamet’s team has a proven track record — so far, they’ve executed nearly $750 million in acquisitions to anchor the portfolio in diversified assets across the globe.
Learn more about the Versamet advantage and a new paradigm for gold ownership → |
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Stories we’re obsessed with |
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Millennials may not have been the real job-hoppers after all
Before Gen Z’s blank stare took over the workplace discourse, millennials were the generation everyone had a theory about: entitled, purpose-seeking, allergic to office life, and, perhaps above all, job-hoppy — the idea that they were less willing to commit, bouncing from employer to employer in search of better pay, faster growth… or maybe just a fun office with sleep pods and balance balls. But new analysis from the Bureau of Labor Statistics tells a different story. See the data, charted.
- Can the FIFA World Cup final be more like the Super Bowl?
Last week, FIFA announced in an Instagram post that the first-ever halftime show to take place during the World Cup final will feature performances from Madonna, K-pop group BTS, and Shakira, who’s also behind this year’s official song. The stacked lineup is more reminiscent of the Super Bowl halftime show than the traditional 15-minute break midway through a soccer game. In the US, interest in the Super Bowl far surpasses interest in the World Cup final, as evidenced by Google searches and audience sizes: just 25.8 million Americans watched the final of the 2022 Qatar World Cup, compared to the 125.6 million who watched this year’s Super Bowl.
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From Desi Arnaz to SpaceX: Understanding the rules of the modern economy
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Test The Limits Of Your Technology Exposure |
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The Global X NYSE® 100 ETF (NYSX) invests in 100 U.S. listed companies from across all major U.S. exchanges. By focusing on growth and valuation in addition to traditional venue and sector classifications. NYSX provides another way for accessing technology-enabled growth. Explore the NYSX approach.
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