The Tesla Robotaxi is set to be revealed on August 8, 2204. This announcement came after reports suggested that Tesla had abandoned its plans for the $25,000 low-cost vehicle. These reports caused a decline in TSLA stock.
The notion that Tesla was focusing on developing its self-driving robotaxis instead of releasing a $25,000 car led to speculation. Some have voiced concerns about a slowdown in electric vehicle demand due to high costs and technological complexity. It is expected that Tesla’s $25,000 car will address these issues.
The company has made significant advancements in Full Self-Driving with Version 12, bringing it closer to launching driverless vehicles. Elon Musk has mentioned the possibility of Tesla owners adding their vehicles to the fleet, which could include cars with steering wheels, turning them into robotaxis. The unveiling of the Tesla Robotaxi in August will offer insight into the company’s future and likely dispel any uncertainties about its $25,000 electric vehicle (EV).