Waymo said it is launching fully driverless robotaxi rides for employees in Atlanta, an important step before the company opens the service up to members

A more favorable federal regulatory and legislative environment may help propel the growth of driverless ride-hailing vehicles in the United States.

The claim of the vehicles driving around, carrying passengers with no driver behind the wheel by June borders on ridiculous. The numbers just don't back it up

Waymo plans to start testing autonomous vehicles in 10 new cities this year, starting with Las Vegas and San Diego, according to The Verge. However, this

The robotaxi service Musk said will launch in June will likely be distinct from the purpose-built “Cybercab” vehicles that it touted at a splashy LA event in October. Tesla said at the time that it would aim to start manufacturing its Cybercab—which won’t have a steering wheel or pedals—sometime before 2027.

Brooks said the Center for Auto Safety does not anticipate Musk being able to launch his robotaxi this year, saying other self-driving robotaxi makers like Waymo are way ahead of Tesla’s technology and have additional sensors to support the vehicles.

Tesla’s weak revenue growth and high P/E ratio signal overvaluation. See why TSLA stock is facing pressure amid competition and stagnant vehicle sales.

Tesla shares rose about 3% before the bell on Thursday as plans to roll out cheaper electric vehicles and paid autonomous car services by the automaker that missed Wall expectations for fourth quarter lifted investor sentiment.

It doesn't matter what Musk really meant with this salute. Robotaxis are exclusively a product for large urban areas, and that population largely didn't like it at all.

Tesla's revenue increased just 2% from $25.17 billion a year earlier. Automotive revenue fell 8% to $19.8 billion from $21.56 billion in the same quarter last year, and of that, $692 million came from regulatory credits. Operating income declined 23% year over year to $1.6 billion.

Tesla will introduce a paid autonomous ride-hailing service in Austin, Elon Musk said during an earnings call discussing the automaker's financial results for 2024. As TechCrunch reports, he said the company will use cars with no human driver behind the wheel and with the unsupervised version of its Full Self-Driving software,

Elon Musk doesn’t want to be known as the “boy who cried FSD” anymore, a moniker he gave himself for his many years of repeated promises related to autonomous driving. Now, he claims that Tesla’s (TSLA) technology is better than ever and will be used for rideshare services as soon as June.