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Market experts anticipate selective purchasing activities influenced by quarterly earnings reports. (AI image) Market experts anticipate selective purchasing activities influenced by quarterly financial reports, whilst overall market sentiment remains dependent

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Tesla robotaxi launch in Austin: Elon Musk sets ‘tentative date’; says ‘we are being super paranoid about safety’

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Tesla robotaxi launch in Austin: Elon Musk sets 'tentative date'; says 'we are being super paranoid about safety'

Billionaire Elon Musk announced on Tuesday that the electric vehicle manufacturing giant Tesla is “tentatively” set to begin its long-awaited robotaxi service in Austin, Texas, on June 22.Sharing a post on social media platform X, Musk said the launch would take place in Austin, calling the timeline “tentatively, June 22.”“We are being super paranoid about safety, so the date could shift,” Musk added.The announcement marks a major step in Tesla’s autonomous driving plans. If the rollout happens as planned, it would mark a major milestone in Tesla’s Full Self-Driving (FSD) program—a technology that has faced years of delays and criticism.Musk also revealed that the first Tesla to fully “drive itself from the factory end of line all the way to a customer house is June 28.”Earlier, Musk responded to a video on X showing what appears to be one of Tesla’s first robotaxis in Austin, a Model Y carrying a passenger with no driver behind the wheel. The car had a “Robotaxi” logo on its side.“These are unmodified Tesla cars coming straight from the factory, meaning that every Tesla coming out of our factories is capable of unsupervised self-driving!” Musk wrote on X.Investors, analysts, and Tesla fans have been closely watching for this moment since Musk said earlier this year that the robotaxi service would launch in Austin sometime in June.In an interview with CNBC last month, Musk outlined initial plans for the service, stating that the vehicles would operate under remote supervision and “geofenced”.He indicated plans to begin with approximately 10 vehicles, with rapid expansion planned for other metropolitan areas including Los Angeles, San Antonio and San Francisco.Musk has spent years promising fully self-driving Teslas “next year,” but now the pressure is real as the company begins rolling out its robotaxi service. Tesla’s electric vehicle sales have recently dipped, hit by rising competition, the revamp of its popular Model Y, and the backlash from Musk’s political statements.The Austin launch coincides with a reported clash between Musk and US President Donald Trump over tax policy. Some analysts worry this could lead to more scrutiny from federal safety regulators if problems arise with the robotaxis.Still, Wall Street remains hopeful. Earlier, analyst Dan Ives of Wedbush called the launch the “start of Tesla’s autonomous future and a new growth chapter.”





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