Tesla Robotaxi to Launch in San Francisco
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Tesla doesn't have the permits to run an autonomous vehicle taxi in California, but probably nothing stops a driver-assist based taxi.
Elon Musk had more bold projections for Tesla's robotaxi. But investors didn't get much insight on the Austin launch during Wednesday's earnings call.
Rivian stock (NASDAQ: RIVN) rose on Friday in response to Tesla's (NASDAQ: TSLA) plans to launch its robotaxi service in San Francisco. Both companies are facing challenges in the electric vehicle market,
Tesla’s go-fast strategy could actually slow its progress and that of the autonomous-vehicle industry if it undermines public trust, some analysts said. Tesla has historically faced legal and regulatory trouble involving its Full Self-Driving (FSD) driver-assistance system, which is not fully autonomous.