Tesla (TSLA) pledged a return to growth in 2025 on Wednesday after fourth quarter results disappointed, capping off a year that saw revenue rise just 1% while profits fell sharply from a year ago. Shares in the EV maker rose almost 3% in pre-market trading on Thursday.
Tesla CEO Elon Musk has revealed the U.S. city where the automaker is planning to launch its first robotaxi service for paying passengers in June.
Our collective eyebrows raised when Elon Musk said self-driving vehicles were coming to Austin this week. Yes, really. Here is senior reporter Sean O’Kane’s article detailing Musk’s claims, which he made during Tesla’s Q4 earnings call.
Tesla Inc. plans to launch a long-promised robotaxi business and get back to growing vehicle sales after a year of decline in both deliveries and earnings.
Tesla’s driver assistance software, known as full self-driving, or FSD, will see unsupervised tests in Texas, California and other states this year.
Tesla is launching its long-awaited robotaxi service in Austin this June, with plans to expand across the US and globally.
Musk first mentioned the robotaxi service idea in October, introducing Tesla’s Cybercab prototype—an autonomous vehicle with no steering wheel or pedals. The plan was initially set for a 2025 launch in Texas and California,
Elon Musk said today that Tesla will launch “unsupervised full self-driving in Austin as a paid service” in June.
Tesla will launch an “unsupervised, no one in the car” robotaxi service in Austin, Texas, in June, Elon Musk said in an earnings call Wednesday. “We just want to put a toe in the water, make sure everything’s okay, put a few more toes in the water, with safety of the general public and those in the car as a top priority,” Musk said.
Musk at the time said he hoped to get approval for the vehicles in Texas, possibly in ... In 2024, Tesla sales declined 1.1%, the first dip in over a decade for the automaker headquartered in Austin. Brooks said NHTSA investigations decrease during ...