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Tesla’s $100 Billion Robotaxi Rally

gizmodo.com Luc Olinga 2025-08-31 05:29:44

Tesla is celebrating a massive win on Wall Street. Following the weekend launch of its long-awaited robotaxi service, the company’s shares jumped more than 10% in Monday trading session, adding a staggering $104 billion to its market capitalization and pushing the total value of the Elon Musk-led company to $1.14 trillion. The surge was a direct response to the limited debut in Austin, Texas, where a small fleet of about a dozen Model Y SUVs began operating in a geofenced area. For investors, t

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Tesla's Robotaxi Service Hits the Road in Austin, With Riders Sharing Their Experiences

cnet.com See Full Bio 2025-08-31 04:09:00

Table of Contents Tesla's Robotaxi Service Hits the Road in Austin, With Riders Sharing Their Experiences Tesla's robotaxi service kicked off in Austin, Texas, on Sunday, with the cars picking up paying passengers without a driver behind the wheel for the first time. "The @Tesla_AI robotaxi launch begins in Austin this afternoon with customers paying a $4.20 flat fee!" Tesla CEO Elon Musk posted to X on Sunday. Earlier this month, Musk had said Tesla's robotaxi service would "tentatively" laun

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Tesla launches robotaxi service in Austin

arstechnica.com Unknown 2025-08-31 05:52:05

Tesla’s robotaxi service, touted by Elon Musk as the future of his flagging electric-car maker, launched in the company’s home city of Austin, Texas, on Sunday with about 10 vehicles and a human safety driver on board amid regulatory scrutiny of its self-driving technology. Shares in Tesla have risen about 50 percent from this year’s low in early April, with investors hopeful the autonomous ride-hailing service will help revive a company that has suffered declining sales and a consumer backlash

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Tesla stock pops 10% as Musk touts 'successful' robotaxi Austin launch

cnbc.com Samantha Subin 2025-08-31 13:47:16

A Tesla Inc. robotaxi on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. T Tesla 's driverless robotaxi finally hit the road this weekend, sending shares of the electric vehicle maker up 10% on Monday. The EV giant debuted autonomous rides in Austin, Texas, on Sunday, opening the service to a limited number of riders by invitation only. CEO Elon Musk said in a post on social media platform X that customers were charged a flat fee of $4.20. "Super congratulations to the @Tesla_AI

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Tesla robotaxis launch in Austin with $4.20 invite-only service and human "safety monitors"

techspot.com Rob Thubron 2025-09-01 06:15:00

What just happened? Tesla's long-awaited robotaxi service finally launched yesterday (June 23) in Austin, Texas. So far, it has been limited to invited participants and not the general public, and passengers aren't alone in the vehicles; Tesla's "safety monitors" sit in the front passenger seat ready to take over if something goes wrong – despite Elon Musk promising the service would launch unsupervised. Musk's "tentatively, June 22" response early this month to an X user's question about when

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Tesla’s robotaxi is live: here are some of the first reactions

theverge.com Andrew J. Hawkins 2025-08-31 23:58:26

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Tesla finally did the damn thing. The company launched its hotly anticipated robotaxi service in Austin, Texas, on Sunday, June 22nd — and we’re now starting to see some of the first reactions roll in. But first, we have to get a few important caveats out of the way. Tellingly, the service is not open to the general public

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Elon Musk’s Trillion-Dollar Robotaxi Gamble Is Here

gizmodo.com Luc Olinga 2025-09-01 03:37:29

The wait is finally over. After years of promises from its eccentric CEO, Tesla debuted its highly anticipated robotaxi service on June 22 in Austin, Texas, a launch that is central to the company’s entire future. This isn’t just about a new feature; it’s the cornerstone of Elon Musk’s narrative that Tesla is not merely a car company but a world-changing AI and robotics powerhouse. As the automaker faces fierce competition from Chinese rivals like BYD, the success or failure of its autonomous v

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Tesla launches robotaxi rides in Austin with big promises and unanswered questions

techcrunch.com Sean O'Kane 2025-09-01 01:58:02

Tesla has started giving rides in driverless Model Y SUVs in Austin, a decade after CEO Elon Musk began making — and breaking — myriad promises about his company’s ability to launch such a service. The rollout will become the first big test of Musk’s belief that it’s possible to safely deploy fully autonomous vehicles using just cameras and end-to-end AI – an approach that differs from other players in the space like Waymo. On Sunday, numerous videos shared on social media as well as sources i

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Tesla's inaugural Robotaxi rides will have a human 'safety monitor' on board

engadget.com Unknown 2025-08-31 22:13:07

A select few will soon get to experience Tesla's robotaxi service for the first time, but they won't be alone in the car. The company plans to launch its fully autonomous ride-hailing service in Austin, Texas tomorrow, but a "Tesla Safety Monitor" will accompany the first riders, according to email invitations sent out to "Early Access Riders." It's unclear what capabilities the safety monitor will have, but they will sit in the front passenger seat of a self-driving Model Y. The email outlined

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Tesla Just Admitted Something Wildly Embarrassing About What'll Be in the Front Seat of All Its Robotaxis

futurism.com Unknown 2025-09-01 09:06:18

Tesla is poised to finally launch its long-awaited robotaxi service this weekend in Austin, Texas. But there's a huge, embarrassing catch. As Electrek reports, the self-driving cabs will have a human "safety monitor" plunked in the front passenger seat — a far cry from Elon Musk's bold promise that his automaker would be hosting unsupervised rides this summer. The hilarious admission was disclosed in the recent invitations Tesla sent out to those interested in participating in the robotaxi ser

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Tesla’s first robotaxi rides will have a ‘safety monitor’ in the passenger seat

theverge.com Emma Roth 2025-09-02 17:50:53

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Tesla has begun sending out invitations for its highly anticipated robotaxi service, but there’s one significant caveat: it’s installing a “safety monitor” in the front passenger seat, as previously reported by Electrek. The invites, which were sent to Tesla influencers and investors, say the human monitor will “accompany you on your trip” when ride

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Tesla's robotaxi debut will reportedly be limited to only 10 cars in very specific areas

engadget.com Unknown 2025-09-03 21:58:02

The long-promised launch of Tesla's robotaxi service in Austin is scheduled for June 22, and it sounds like the company's initial offering will be modest at best. The Financial Times writes that Tesla will only have around 10 cars available for rides and that the company plans to make them "avoid the city’s most challenging intersections." If issues arise, remote operators will also reportedly be able to take control of the cars to make sure they reach their final destination. Tesla CEO Elon Mu

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Amazon’s Zoox opens its first major robotaxi production facility

techcrunch.com Sean O'Kane 2025-09-06 21:25:09

Amazon-owned autonomous vehicle company Zoox has opened its first full-fledged production facility, where it expects to be able to one day build 10,000 robotaxis per year. The facility marks the latest step in Zoox’s evolution out of the development phase. The company is currently testing vehicles in multiple U.S. cities, and offering rides to employees in Las Vegas and San Francisco. Public access is expected to begin with an early-rider program in 2026. The 220,000-square-foot factory is loc

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Amazon's Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas

cnbc.com Annie Palmer 2025-09-07 01:21:25

Amazon's Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California. Amazon -owned autonomous vehicle startup Zoox on Wednesday opened a sprawling new manufacturing facility in the San Francisco Bay Area, paving the way for more robotaxi production as it plans a commercial rollout of its fleet later this year. The company will use the site in Hayward, California, to increase its robotaxi fleet significantly. The facility is currently producing one robotaxi per

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Zoox's New Manufacturing Facility Can Pump Out 10K Robotaxis a Year

cnet.com See Full Bio 2025-09-07 01:00:02

Table of Contents Zoox's New Manufacturing Facility Can Pump Out 10K Robotaxis a Year As it gears up for its commercial launch, self-driving company Zoox on Wednesday shared that it's opened a 220,000-square-foot serial production facility for its purpose-built robotaxis. Located in Hayward, California, it's deemed to be the first-ever such facility in the US and will allow for the assembly of around 10,000 robotaxis a year. "The number of Zoox robotaxis we produce will grow and scale to match

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Old Video Shows Elon Musk Saying That What Tesla's Launching This Month Wouldn't Count as Full Self-Driving

futurism.com Unknown 2025-09-06 12:10:03

The launch date for Tesla's long-awaited robotaxi service in Austin, Texas continues to slip, raising embarrassing questions for the company. For one, the modified Model Y SUVs that will initially make up the EV maker's robotaxi fleet won't technically be driverless, because they'll be teleoperated by human employees if anything goes wrong. They'll also be geofenced to only the easiest areas to drive in, which as Electrek points out is a fascinating example of how CEO Elon Musk has moved goalp

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Tesla stock slips after report EV maker is halting Cybertruck and Model Y production

cnbc.com Chris Eudaily 2025-09-09 05:34:06

A Tesla Cybertruck sits on a lot at a Tesla dealership on April 15, 2024 in Austin, Texas. Tesla shares slid more than 2% Tuesday after a report that the electric vehicle maker was halting production of Cybertruck and Model Y models for a week in Austin, Texas. The production stoppage begins June 30, Business Insider reported, citing a staff meeting where the announcement was made. The pause, which is for maintenance on production lines, would be the third such shutdown at the Austin facility

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Tesla's Robotaxi Launch Date Was Supposed to Be Today, But We're Shocked to Hear That It's Been Pushed Back

futurism.com Unknown 2025-09-14 20:12:15

The launch of Tesla's robotaxi network will have to wait. On Tuesday, CEO Elon Musk made a tweet stating that, "tentatively," the first public rides on its autonomous vehicles — which will not be in its purpose-built Cybercabs, but in regular Teslas with updated software — will start on June 22. But the date could shift, Musk added, because "we are being super paranoid about safety." That comment could prove to be revealing. Tesla's robotaxi initiative is clouded with uncertainty, because th

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Tesla's long-awaited robotaxi service is coming to Austin this month

techspot.com Kishalaya Kundu 2025-09-16 20:24:00

Something to look forward to: Robotaxi services are widely seen as the next major breakthrough in transportation, with Alphabet-owned Waymo already expanding its self-driving taxi operations across several US cities. Now, Elon Musk has announced that Tesla is finally ready to launch its long-awaited autonomous cab service in Austin, Texas, later this month. Replying to an X user asking about when public rides would begin, Musk said the launch date is "tentatively" set for June 22, but the actua

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You Are Completely Unprepared for What Tesla's Robotaxi Actually Looks Like

futurism.com Unknown 2025-09-16 02:00:01

We've finally gotten a glimpse at one of Tesla's Robotaxis in action. But don't expect your socks to be blown off. As seen in a bystander's footage taken in Austin, Texas, that Elon Musk has proudly reshared, it's literally just a black Model Y with the word "Robotaxi" scrawled on the side in a painfully outdated graffiti font. The future is truly upon us. "Beautifully simple design," Musk tweeted, presumably through a pained grimace. BREAKING: First ever Tesla Model Y robotaxi with no-one in

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Tesla will start offering public Robotaxi rides in Austin on June 22, says Elon Musk

engadget.com Unknown 2025-09-16 18:18:01

Tesla CEO Elon Musk says that Robotaxi service is "tentatively" set to begin in Austin, Texas on June 22. This comes after the company said last month that it had already begun testing driverless Model Ys in Austin. Shortly after that, Bloomberg reported that Tesla had internally discussed a launch date of June 12, though the only publicly shared timeline has been sometime in June . The first Robotaxi Model Y operating without a person in the driver's seat was spotted on South Congress in Austi

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Elon Musk Says Tesla's Robotaxi Service Will 'Tentatively' Kick Off June 22 in Austin

cnet.com See Full Bio 2025-09-16 21:22:00

Table of Contents Elon Musk Says Tesla's Robotaxi Service Will 'Tentatively' Kick Off June 22 in Austin Tesla's robotaxi service appears slated to kick off as scheduled, at least according to Elon Musk. On Tuesday, the CEO shared on X that the launch is "tentatively" slated for June 22 in Austin, Texas. "We are being super paranoid about safety, so the date could shift," Musk noted. He added that the first self-driving trip from the Tesla factory to a customer's house is scheduled for June 28.

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Latest Tech News

Tesla’s $100 Billion Robotaxi Rally

Tesla's Robotaxi Service Hits the Road in Austin, With Riders Sharing Their Experiences

Tesla launches robotaxi service in Austin

Tesla stock pops 10% as Musk touts 'successful' robotaxi Austin launch

Tesla robotaxis launch in Austin with $4.20 invite-only service and human "safety monitors"

Tesla’s robotaxi is live: here are some of the first reactions

Elon Musk’s Trillion-Dollar Robotaxi Gamble Is Here

Tesla launches robotaxi rides in Austin with big promises and unanswered questions

Tesla's inaugural Robotaxi rides will have a human 'safety monitor' on board

Tesla Just Admitted Something Wildly Embarrassing About What'll Be in the Front Seat of All Its Robotaxis

Tesla’s first robotaxi rides will have a ‘safety monitor’ in the passenger seat

Tesla's robotaxi debut will reportedly be limited to only 10 cars in very specific areas

Amazon’s Zoox opens its first major robotaxi production facility

Amazon's Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas

Zoox's New Manufacturing Facility Can Pump Out 10K Robotaxis a Year

Old Video Shows Elon Musk Saying That What Tesla's Launching This Month Wouldn't Count as Full Self-Driving

Tesla stock slips after report EV maker is halting Cybertruck and Model Y production

Tesla's Robotaxi Launch Date Was Supposed to Be Today, But We're Shocked to Hear That It's Been Pushed Back

Tesla's long-awaited robotaxi service is coming to Austin this month

You Are Completely Unprepared for What Tesla's Robotaxi Actually Looks Like

Tesla will start offering public Robotaxi rides in Austin on June 22, says Elon Musk

Elon Musk Says Tesla's Robotaxi Service Will 'Tentatively' Kick Off June 22 in Austin

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