Tesla's R&D spending is about US$3 billion per year.
https://www.macrotrends.net/stocks/charts/TSLA/tesla/research-development-expenses
The annual operating costs for London's TfL is about £8 billion / $10 billion.
https://tfl.gov.uk/info-for/media/press-releases/2023/march/annual-budget-for-2023-24-shows-tfl-set-to-deliver-operating-surplus
I don't know how much other companies spent. Let's say 10x in total.
If all the collective money spent on self driving cars were spent on public transport it would maybe get you the equivalent of 3 large cities' worth of public transport worldwide.
Better than nothing, but hardly transformative.
Terence Eden /
npub1lh0…a5ll
2024-03-04 17:00:22
Author Public Key
npub1lh05slh2nk6h5m3jp7qwtjmrmegtah6nj626g8qdg3a7ds3kg0ss9aa5llSeen on
wss://relay.noswhere.comPublished at
2024-03-04 17:00:22Event JSON
{
"id": "54fb70a2440cb888f64a72c61eb55680ba36f78ee08a2390d34992f2d353d94e",
"pubkey": "fddf487eea9db57a6e320f80e5cb63de50bedf539695a41c0d447be6c23643e1",
"created_at": 1709568022,
"kind": 1,
"tags": [
[
"proxy",
"https://mastodon.social/users/Edent/statuses/112038249932847321",
"activitypub"
]
],
"content": "Tesla's R\u0026D spending is about US$3 billion per year.\nhttps://www.macrotrends.net/stocks/charts/TSLA/tesla/research-development-expenses\n\nThe annual operating costs for London's TfL is about £8 billion / $10 billion.\nhttps://tfl.gov.uk/info-for/media/press-releases/2023/march/annual-budget-for-2023-24-shows-tfl-set-to-deliver-operating-surplus\n\nI don't know how much other companies spent. Let's say 10x in total.\n\nIf all the collective money spent on self driving cars were spent on public transport it would maybe get you the equivalent of 3 large cities' worth of public transport worldwide.\n\nBetter than nothing, but hardly transformative.",
"sig": "c0d9e839151c6819fb034b3b3efeb5c5469d7490aadee2b0744a5b3f2bdf75c7256389c4e55048fd2f02cc50de57fc2fe4004956b2bda6c495a105fadb62f943"
}