Musk Sets Jun. 22 Launch Date for Tesla’s Robotaxi Service
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Elon Musk also said starting June 28, Tesla vehicles will drive themselves to a customer's house from the end of the factory line.
Tesla is "tentatively" aiming to begin its robotaxi service in Austin on June 22. But leading up to the launch, residents in Southeast Austin are noticing some strange activity from the vehicles.
Elon Musk decided to swing a wrecking ball through his alliance with President Donald Trump — and the company’s share price. Now investors are looking for a win that can help repair the brand damage and shift Tesla back into growth mode.
Tesla investors seem willing to trade a delay in the company’s robotaxi pilot program for the hope that Elon Musk is working his way back into the Trump administration’s good graces.
Elon Musk posted multiple responses to a video of a Tesla emblazoned with the word "Robotaxi" in cyberpunk-style font driving around.
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“You have a regulatory environment that’s keen to capitalize on these developments,” says Alison Brooks, research vice president for worldwide public safety at IDC. “At the same time, it’s a blue city in a red state that’s predisposed towards alternative vehicles that are more environmentally friendly.”
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Tesla shares have surged in anticipation of the launch of the company's robotaxi service in Austin, Texas, this week. Goldman Sachs says Tesla has advantages in the AV market, but questioned its ability to meet CEO Elon Musk's targets.