Tesla still has two major milestones it is on track to complete before the end of the second quarter, according to statements made by the automaker earlier this year. With the launch of the Robotaxi platform in Austin on Sunday, Tesla has already completed perhaps its biggest milestone of 2025. However, these are not the…
A Tesla robotaxi in Austin this week.Photograph: Joel Angel Juarez/Reuters After years of promising investors that millions of Tesla robotaxis would soon fill the streets, Elon Musk debuted his driverless car service in a limited public rollout in Austin, Texas. It did not go smoothly. The 22 June launch initially appeared successful enough, with a…
Tesla has officially launched the Robotaxi platform to a limited number of people, giving them the ability to ask for a ride from a driverless Model Y in Austin, Texas. But how do you hail a ride? Through the Tesla Robotaxi app, which officially launched on June 22 as the company initiated the first rides…
On a balmy Sunday in Austin, Tesla fans awaited the promise of the future. After a few hours of delays, that promise was finally realized, and a select group took their first rides, livestreaming their experience. While Tesla robotaxis are meant to be fully autonomous, Tesla employees were still present in the passenger seat of…
Elon Musk’s ambitious plans to launch Tesla’s robotaxi service in Austin this month have hit political resistance. A group of Democratic lawmakers from the Austin area has formally requested the company to delay the rollout until September, when new autonomous vehicle regulations are set to take effect in Texas. The lawmakers argue that waiting for…
Tesla is arguably one of the most advanced AI companies in the world, yet its stock is dictated by margins. Over the past three years, Tesla’s average gross profit per vehicle has declined by 60%, falling from more than $14,400 in Q3 2021 to less than $6,000 in Q2 2024, highlighting the difficulty Tesla has…
After Elon Musk unveiled Tesla’s new Robotaxi, Wall Street surprisingly reacted with disappointment, with the company’s shares falling around 6% in Friday’s premarket trading session, according to a Wall Street Journal report, which added that this led to a $40 billion slump in the EV maker’s valuation. Video grab obtained 10 October, 2024 shows Tesla…