Tesla aims to launch Robotaxis in Austin by June
Robotaxi operations are close to reality, and are scheduled to be released in June. (x/@tesla_ai)
After Tesla launched a fully autonomous (FSD)-supervised ride hale service in the Austin, Texas and the San Francisco Bay Area, fully autonomous (FSD) supervised ride hale service “an early set of employees,” Robotaxis becomes a reality.
The announcement was made on Wednesday x.
“We have completed over 1.5k trips and 15k miles of driving,” the social media post states. “The service will help develop and validate FSD networks, mobile apps, vehicle allocation, mission control and remote assistance operations.”
The US electric car manufacturer has pledged to start services in Austin by June, Reuters reports.
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In a call Tuesday, he said Tesla would use the mask first. Existing model y vehicle Equipped with autonomous driving software. Automakers are also developing dedicated autonomous models called cybercabs, and production will begin next year.
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Musk said he hopes by the second half of 2026 that autonomous driving technology will “start to be fundamental and impact the company’s revenue.”
“We expect millions of Teslas to run completely autonomously later next year,” he said.
Tesla Inc. CEO Elon Musk will speak to media members on March 11, watching Tesla vehicles on the South Lawn of the White House in Washington, DC. (Samuel Corm/Sipa/Bloomberg via Getty Images)
With the core automotive business struggle, where vehicle sales have fallen by 13% in the first quarter, it is expected that Tesla can prove it can overcome technology hurdles. Autonomous driving Demonstrate a healthy business model for driverless car services.
Most bullish investors and analysts tie the majority of Tesla’s stock price to plans for a massive Robotaxis and autonomous subscription business.
| Ticker | safety | last | change | change % |
|---|---|---|---|---|
| TSLA | Tesla Inc. | 257.18 | +6.43 |
+2.57% |
Investors and analysts in the coming months are looking for specific indications that Tesla can expand its Robotaki business and navigate technical challenges.
Blake Anderson, associate portfolio manager for the Carson Group, a Tesla investor, said he’d like to see details in the coming months, including how much Tesla charges per mile in Austin, and whether it’s profitable. He also wants more details on Tesla’s safety records and how often Austin vehicles leave autonomous driving modes.
On May 31, 2024, a brand new Tesla car is sitting on a Tesla dealership in Cortemadera, California. (Justin Sullivan/Getty Images)
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“Safety is something they control most, so I want to prove that they are ironed out to control,” Anderson said according to Reuters. “And then I have a bigger look at the nationwide rollout.”
Others aren’t very sure about Musk’s prediction that Robotaxis will play a key role in revenue by the second half of next year. Masks in the phone Tuesday said the Austin Robotaxi launch will begin with 10 or 20 Model Y vehicles, with Tesla saying it will “expand rapidly afterwards” and will expand to other US markets later this year.
Reuters contributed to this report.