Tesla, Austin and robotaxi
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Musk said in a social media post this week that Tesla’s long-awaited robotaxi service will roll onto the streets of Austin, Texas on June 22. The Tesla CEO is betting the company’s future on autonomous vehicles (AV) and a robotaxi service – which will hopefully inject much-needed cash just as the company’s sales and profits are slumping.
Tesla stock extended its rally for a fourth straight session Wednesday as tensions between Musk and President Trump appeared to ease.
With Tesla just days away from a planned rollout of its paid robotaxi service in Austin, the electric vehicle manufacturer is reportedly trying to prevent city officials from releasing records related to its robotaxi trial period.