Link: Tesla plans to use Unreal Engine for driver visualization with crazy upgrade

Tesla is making significant headway with its Robotaxi service in New York City, signaling a potential decline in traditional yellow cabs. With a focus on autonomous ride-hailing, the future of urban transportation could shift dramatically, especially in areas like New York where personal car ownership is low.

The scarcity of taxi medallions and their associated costs could become obsolete as entrepreneurs might prefer investing in a Tesla for autonomous operation.

Tesla executives suggest Robotaxis could generate up to $50,000 annually in passive income, presenting a lucrative alternative to traditional cab operations.

Robotaxi promises lower operational costs and cheaper fares than current taxi services, including Uber and Lyft, by eliminating driver-related expenses.

This cost advantage could accelerate the shift from conventional cabs to autonomous vehicles in the coming years.

Unlike traditional cabs, Robotaxis can operate continuously except for needed charging times, offering potentially greater availability and reliability across New York’s boroughs.

Tesla's scalable technology could soon see a fleet of autonomous taxis providing efficient service around the clock.

Tesla's ongoing improvements in Full Self-Driving technology also enhance the safety and efficiency of Robotaxis.

Increasing public trust in autonomous vehicles suggests a growing preference for Robotaxis over human-driven cabs.

Enhanced user experience through seamless app integration makes Robotaxi a more attractive option, allowing passengers to control in-car conditions and enjoy in-vehicle entertainment.

New York's push towards sustainability and an all-electric fleet aligns with the environmental benefits of Tesla's all-electric Robotaxis, potentially hastening the decline of traditional yellow cabs.

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