Tesla Robotaxi to Launch in San Francisco
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Tesla has also yet to prove that its Full Self-Driving software can be used to power a robotaxi network. While the company has been running an invite-only version of its robotaxi service in Austin since June 22, it’s been a far cry from what Musk has spent years teasing.
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Investor's Business Daily on MSNDow Jones Futures: Meta, Amazon Lead Earnings Wave, Trump Trade Talks Due; Tesla 'Robotaxis' To Launch In San FranciscoMeta, Amazon and Microsoft lead an earnings wave, along with a Fed meeting and Trump tariff talks. Tesla "robotaxis" are about to hit San Francisco, with a caveat.
The CPUC confirmed Friday that Tesla has not applied for the necessary authorization to operate autonomous vehicles for public passenger service-paid or unpaid-in the state. The clarification comes in direct response to reports that Tesla planned to launch its robotaxi service in the Bay Area as early as this weekend.
Tesla stock is seeing big gains today following news that the company's robotaxi service is launching in San Francisco this weekend. Today's stock pop comes on the heels of a big post-earnings sell-off yesterday.
Tesla and its CEO Elon Musk are walking an increasingly difficult tightrope as the company navigates declining electric vehicle sales and an autonomous driving business that has yet to get off the ground.
Elon Musk warns about a "rough" few quarters and shares updates on robotaxis and the "more affordable" Tesla model.
Tesla Inc.’s core car-making business is facing a deteriorating outlook, providing a major test of Chief Executive Officer Elon Musk’s ability to lift the stock price with his vision
Musk's electric vehicle maker posted the worst quarterly sales decline in more than a decade and profit that missed Wall Street targets, but its profit margin on making cars was better than many feared.