- Tesla delays robotaxi reveal to October.
- Musk prioritizes autonomy despite profit decline.
- Self-driving timeline uncertain.
Robo-ride gets a new date
Elon Musk has announced October 10 as the new date for Tesla’s robotaxi prototype reveal, postponed from August 8.
The delay allows for design improvements and additional features. Musk teased “a couple of other things” would also be showcased at the event.
Autonomous future vs present profits
Tesla’s focus on AI-powered products, including full self-driving technology, contrasts its current financial performance.
The company reported a 45% year-over-year profit decline in Q2 2024, with automotive revenues dropping 7%. Despite these challenges, Musk insists Tesla’s long-term value lies in autonomy.
Musk aims to offer the first unsupervised robotaxi ride by year-end or 2025, acknowledging his tendency for optimistic predictions.
The robotaxi project faces scrutiny amid ongoing investigations and lawsuits regarding Tesla’s Full Self-Driving software capabilities.
