Elon Musk announced on social media that Tesla will unveil its robotaxi in August|Steve Jurvetson|CC BY 2.0
Elon Musk announced on X yesterday that Tesla will unveil its robotaxi on August 8. Following the post, the company’s shares rose more than 3% in after-market trades.
The news comes on the heels of the decision by the billionaire to scrap the development of affordable electric cars indefinitely. Musk’s original strategy involved plans to produce luxury models initially, with profits funding the creation of a low-cost family car for mass-market dominance.