Despite the decline in Tesla’s sales and profits, Elon Musk, the company’s CEO, announced the upcoming presentation of the Robotaxi on August 8.
This statement was made shortly after Musk accused Reuters of lying about Tesla’s plans to abandon the production of a low-cost $25,000 electric car and focus all efforts on the robotaxi. Earlier in the day, Reuters, citing anonymous sources and internal documents, reported that Tesla was abandoning plans to create a cheaper electric car and would instead focus resources on its planned robotaxi. Musk denied these claims without providing any evidence.
Tesla Robotaxi unveiled on 8/8
– Elon Musk (@elonmusk) April 5, 2024
Musk has been promising autonomous capabilities for Tesla cars for years. In 2016, he said that Tesla would be driving around the country on its own by the end of 2017 (this did not happen). In 2019, he promised to launch the company’s first robotaxis as part of a broader vision of an autonomous ride-sharing network in 2020 (this also did not happen). A few years later, he announced that a robotaxi without a steering wheel and pedals would be on the market by 2024.