Tesla's robotaxi plans are overly ambitious and potentially dangerous. The company's track record of missed deadlines and exaggerated claims about its self-driving technology raises serious concerns. Without Light Detection and Ranging (LiDAR) and other advanced sensors, Tesla's camera-only approach may not be sufficient to ensure passenger safety in all driving conditions.

Tesla's robotaxi announcement is a game-changer for the transportation industry. With millions of Tesla vehicles on the road, the company has a massive advantage in data collection and real-world testing. The potential for Tesla owners to earn passive income by adding their cars to the robotaxi fleet could revolutionize car ownership and ride-hailing services.