Elon Musk Says Tesla Will Unveil Its Robotaxi In August

Tesla Elon Musk
Source: Barron’s

In the latest announcement for the tech automotive company, Elon Musk says Tesla will unveil its Robotaxi in August. In a post on X, Musk simply states: “Tesla Robotaxi unveil on 8/8.”

Tesla vehicles are already used by taxis and cab services around the United States. However, the upcoming Robotaxi will be owned and operated strictly by Tesla. The Robotaxi looks to be a self-driving service, and will likely operate within the company’s line of electric vehicles. There is no timetable yet for when Tesla will officially debut the service for public use.

Tesla’s Robotaxi will serve as healthy competition to other robo-car services that arrived in 2023, Waymo and Cruise. Both services experienced technical issues that saw them take a hiatus, including a driverless Cruise taxi accidentally dragging a hit-and-run victim down a San Francisco street. Driverless vehicles are already a contentious topic in the public. Combined with Tesla’s self-driving features in some of its popular models, the Tesla Robotaxi will likely be a topic of discussion for some time following its unveiling this summer.

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Elon Musk fans immediately responded to Musk’s announcement Friday with open arms, sharing excitement for the robotaxi service. Tesla stocks have seen a steady decline in 2024 thus far, but the announcement will hopefully fuel hopes for investors as we approach the mid-way point of the year.