Tesla, the American car manufacturer, is set to reveal its first self-driving taxi on August 8th, as announced by Elon Musk on his social media platform. This announcement caused a 6% increase in Tesla’s shares after the New York Stock Exchange closed. The idea of self-driving cars acting as taxis when not in use has been proposed by Musk as a way to maximize their utility.
However, there have been concerns about the safety of the robotaxi among authorities and the public. Tesla has faced challenges in the first quarter of this year with disappointing sales results and intense competition in markets such as China. Reports earlier in the week that Tesla had abandoned plans for a cheaper electric car caused shares to plummet, but Musk denied these reports and the value rose again.
Tesla’s development of self-driving technology has been a key focus for the company, with Musk continuously highlighting the capabilities of their electric cars. As they prepare to unveil the robotaxi, anticipation and skepticism surround its potential impact on the market. Tesla’s ability to overcome challenges and deliver on its promises will be closely monitored as we approach the date of unveiling.
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