US Edition
Tesla Warns of ‘Rough Quarters’ Ahead Amid Shifting EV Policies
UNITED STATES, JUL 24 – Tesla plans to expand its geo-fenced Robotaxi service from Austin to major metro areas to cover half of the US population by year-end, aiming to boost earnings amid falling EV sales.
- During Wednesday’s earnings call, Elon Musk stated Tesla Robotaxi will cover half the US population by year-end, subject to regulatory approvals.
- Amid shrinking profits, Musk highlighted autonomous vehicles, promising a return to earnings growth through Tesla Robotaxi and humanoid robots, Elon Musk said.
- Despite bold claims, the Tesla Robotaxi service includes 10–20 Model Y vehicles in Austin, uses teleoperation and supervisors with kill switches, and has not applied for California permits.
- Tesla shares fell nearly 7%, and Elon Musk warned that U.S. policies could lead to 'few rough quarters.'
- He projected a scale rollout by the end of next year, with Elon Musk noting he’s obtaining launch permission across key markets.
21 Articles
21 Articles
Tesla's earnings call left more questions than answers on robotaxi
Tesla launched its robotaxi on Sunday.AP Photo/Eric GayTesla CEO Elon Musk made more bold projections for robotaxi's expansion plans in the US.Investors, however, didn't get much insight into how the pilot launch was going in Austin.Tesla executives left out how many cars they will be deploying in the city and key safety data.Tesla's CEO, Elon Musk, makes bold projections for his ventures. Robotaxi is no exception.Wednesday's earnings call, howe…
Elon Musk reveals Tesla’s next Robotaxi expansion in more ways than one
Tesla CEO Elon Musk revealed the company’s plans for its next expansion of the Robotaxi in terms of both the geofence in Austin and the platform overall, as it looks to move to new areas outside of Texas. Tesla launched the Robotaxi platform last month on June 22, and has since expanded both the pool of users and the area that the driverless Model Y vehicles can travel within. The first expansion of the geofence caught the attention of nearly ev…
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