Elon Musk says Tesla will unveil its robotaxi on Aug. 8; shares pop
Publishing timestamp: 2024-04-05 18:01:10
Summary
Tesla will reveal its robotaxi product on Aug. 8, which could represent a major new business opportunity for the company. Despite Elon Musk's promises in the past, Tesla has yet to deliver a robotaxi or fully autonomous vehicle. Other companies like Waymo, Uber, and Didi are already operating autonomous vehicle services. Apple recently shut down its self-driving unit, and GM's Cruise service faced regulatory scrutiny after an accident. It is important to note that Tesla's "unveil" dates do not necessarily indicate a near-future commercial release of the product.
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