Tesla aims to launch commercial robotaxi operations, with CEO Elon Musk projecting autonomous vehicles to significantly impact finances by late next year. The company plans to use existing Model Y vehicles with self-driving software initially. A dedicated autonomous model, Cybercab, is under development, with production slated to begin next year. Musk anticipates autonomous driving technology will fundamentally affect the company's bottom line by the second half of 2026. Tesla plans to launch a paid robotaxi service in Austin, Texas, in June. Investors are looking for specifics on pricing, profitability, and safety records in the coming months.
Tesla to Launch Robotaxi Service; Autonomous Driving to Impact Finances by Late Next Year
Edited by: Tetiana Pinchuk Pinchuk
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