Tesla Robotaxi to Launch in San Francisco
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Investor's Business Daily on MSNDow Jones Futures: Meta, Amazon Lead Earnings Wave, Trump Trade Talks Due; Tesla 'Robotaxis' To Launch In San FranciscoMeta, Amazon and Microsoft lead an earnings wave, along with a Fed meeting and Trump tariff talks. Tesla "robotaxis" are about to hit San Francisco, with a caveat.
Tesla has also yet to prove that its Full Self-Driving software can be used to power a robotaxi network. While the company has been running an invite-only version of its robotaxi service in Austin since June 22, it’s been a far cry from what Musk has spent years teasing.
Tesla's valuation gains today follow a bigger sell-off in yesterday's trading that was spurred by disappointing second-quarter results and comments from management suggesting that performance headwinds could continue in the near term. The company's share price has seen some big swings in 2025, and is down roughly 21% year to date with today's pop.
Tesla and its CEO Elon Musk are walking an increasingly difficult tightrope as the company navigates declining electric vehicle sales and an autonomous driving business that has yet to get off the ground.
Elon Musk warns about a "rough" few quarters and shares updates on robotaxis and the "more affordable" Tesla model.
Tesla Inc.’s core car-making business is facing a deteriorating outlook, providing a major test of Chief Executive Officer Elon Musk’s ability to lift the stock price with his vision
Musk's electric vehicle maker posted the worst quarterly sales decline in more than a decade and profit that missed Wall Street targets, but its profit margin on making cars was better than many feared.
R obotaxis driving around Austin. A humanoid robot serving popcorn in Los Angeles. A Tesla delivering itself to a customer. Tesla Chief Executive Elon Musk is telling investors the carmaker’s future is closer than ever—and it doesn’t depend on selling electric vehicles.