Tesla Robotaxi Unveiling Set For Oct.10: Here Are The Updates From Company CEO Elon Musk On Its Upcoming Product
Portfolio Pulse from Anan Ashraf
Tesla Inc. (NASDAQ:TSLA) has announced a delay in the unveiling of its dedicated robotaxi product to October 10th. CEO Elon Musk cited the need for important changes and additional preparations. The robotaxi will rely on Tesla's full self-driving (FSD) technology, with the first unsupervised rides potentially happening by the end of 2024. Regulatory approval is not expected to be a major hurdle.
July 24, 2024 | 12:09 pm
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Tesla has delayed the unveiling of its robotaxi product to October 10th to make important changes and additional preparations. The robotaxi will use Tesla's full self-driving technology, with unsupervised rides potentially starting by the end of 2024. Regulatory approval is not expected to be a major hurdle.
The delay in the robotaxi unveiling may cause short-term uncertainty, but the potential for unsupervised rides by the end of 2024 and the lack of expected regulatory hurdles are positive indicators. This news is likely to have a positive short-term impact on Tesla's stock price as it showcases the company's advancements in autonomous driving technology.
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