Tesla, robotaxi and California
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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.
Tesla faces a regulatory holdup for its proposed robotaxi service in the San Francisco Bay Area, lacking necessary AV permits.
The company said its timeline for Robotaxi launch had been moved up and the service could launch as soon as Friday.
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Investor's Business Daily on MSNDow Jones Futures: Meta, Amazon Earnings Due, China Trade Truce Extended; Tesla 'Robotaxis' To Launch In San FranciscoChina trade truce extended. Meta, Amazon and Microsoft lead an earnings wave, along with a Fed meeting. Tesla "robotaxis" are about to hit San Francisco, with a caveat.
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.