Leader Online Desk: Tesla Company's much talked about and much awaited Tesla Robotaxis unveiling date has been announced by the company's Chief Executive Officer (CEO) Elon Musk. Tesla Robotaxis will be unveiled on August 8, he posted on his X handle.
Tesla shares fell 34 percent by Friday's stock market close. Shortly before Musk posted the news about Robotaxis, he lost his title as the world's third-richest person. Which is now named after Mark Zuckerberg, CEO of Meta Platforms Inc.
Elon Musk presented the fully automated Tesla Robotaxis to investors in 2019. This was one of the biggest announcements for Tesla's high valuation. Tesla has launched the latest version of its driver-assistance software for customers. It will be marketed as fully self-driving.
The company has clarified that its next-generation vehicle platform will include affordable car robotaxis. The company has released a teaser of both; But a prototype of one of these has not been presented yet. Musk's tweets show that robotaxis are being preferred over cheaper cars. Although both will be designed on the same platform.
A few hours ago, Reuters reported that Musk has already canceled the production of robotaxi cars. But after this, Musk has announced the Tesla Robotaxis unveiling date. Tesla produced 46,561 more vehicles in the first quarter. Which forced him to cut prices. American consumers are moving away from more expensive EVs in favor of hybrid models. So many manufacturers are having to rethink electrifying their vehicles.
Product announcements by Musk have always been a key part of Tesla's ability to generate excitement among customers and investors, without spending on traditional advertising. The company introduced the Cyber ​​Truck in November 2019 with much fanfare. But production was delayed over the years and production of that vehicle has slowed.
Tesla Robotaxi unveiled on 8/8
— Elon Musk (@elonmusk) April 5, 2024
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