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Musk announced that he would launch a self-driving taxi, and the stock price soared, and the market value rose by more than 180 billion overnight

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Recently, Elon Musk, the founder of tech giant Tesla, has once again attracted global attention. He announced on social media platform X that the much-anticipated robotaxi, a robotaxi, will be officially launched on August 8. The news quickly ignited public enthusiasm and anticipation for autonomous driving technology.

Musk announced that he would launch a self-driving taxi, and the stock price soared, and the market value rose by more than 180 billion overnight

It is reported that Musk has been committed to the research and development of autonomous driving technology, and Tesla's investment in the field of autonomous driving is expected to exceed $10 billion this year. Tesla has long been in the spotlight for its unwavering commitment to rolling out fully self-driving cars, a key factor in Tesla's continued high valuation.

Musk announced that he would launch a self-driving taxi, and the stock price soared, and the market value rose by more than 180 billion overnight

Tesla recently released the latest version of its driver assistance software called Full Self-Driving (FSD) to consumers. Musk has vowed that vehicles equipped with Tesla's Full Self-Driving (FSD) system will be able to achieve a driving level that surpasses that of humans. This means that Tesla owners will have the opportunity to turn their cars into self-driving taxis, enabling efficient use of their vehicles, rather than just sitting in parking lots.

Musk announced that he would launch a self-driving taxi, and the stock price soared, and the market value rose by more than 180 billion overnight

However, the rollout of autonomous driving technology has not been without its challenges. There are still many concerns from regulators and the public about the safety of autonomous driving. At present, self-driving cars are still in the experimental stage in the United States, and there are many challenges and setbacks in the development process. San Francisco, an important testing ground for autonomous driving technology in the United States, has recently seen hundreds of crashes and dozens of fatalities involving Tesla vehicles, raising questions about the maturity of the technology.

Musk announced that he would launch a self-driving taxi, and the stock price soared, and the market value rose by more than 180 billion overnight

Despite this, Musk has not slowed down the pursuit of self-driving technology. He is well aware that deep learning, the hottest AI technology at present, is the key to realizing autonomous driving. Through the continuous optimization of the model through massive training data, Tesla is striving to build an intelligent driving system that can make accurate inferences on unknown data.

Musk announced that he would launch a self-driving taxi, and the stock price soared, and the market value rose by more than 180 billion overnight

In order to collect more real-world driving data, Musk recently introduced a policy to provide a one-month free FSD experience for new car buyers in the United States. This move not only helps Tesla further improve its self-driving system, but also demonstrates Tesla's ambition and determination in the field of autonomous driving.

Musk announced that he would launch a self-driving taxi, and the stock price soared, and the market value rose by more than 180 billion overnight

Tesla's self-driving technology is undoubtedly leading the way in the world. In 2021, Tesla boldly abandoned radar and fully switched to pure vision technology, an innovative measure that demonstrates Tesla's deep heritage in the field of autonomous driving. Tesla's ability to run neural networks between environmental variables such as vehicles, lane markings, curbs, and pedestrian crossings, as well as its in-house developed computer and neural network architecture, HydraNet, has enabled Tesla to build a highly competitive FSD system.

Musk announced that he would launch a self-driving taxi, and the stock price soared, and the market value rose by more than 180 billion overnight

Tesla's technology research and development accumulation in the field of autonomous driving, the independent controllability of hardware and software, and the cost advantage make its autonomous driving technology the company's core competitiveness. With the launch of Robotaxi, Tesla is expected to usher in a new era of transportation revolution and bring disruptive changes to the way people travel.

Musk announced that he would launch a self-driving taxi, and the stock price soared, and the market value rose by more than 180 billion overnight

Although the development of autonomous driving technology still faces many challenges and doubts, Musk and his Tesla team are driving the continuous progress of this technology with their firm belief and unremitting efforts. There is reason to believe that in the near future, robotaxis will become an integral part of our lives, bringing a more convenient, efficient and safe experience to our travel.

Musk announced that he would launch a self-driving taxi, and the stock price soared, and the market value rose by more than 180 billion overnight

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