Tesla was sued on Monday by the estates of three people killed last September when their 2024 Model S equipped with Autopilot and "full self-driving capability" features crashed on New Jersey's Garden State Parkway.
Major U.S. equities indexes ticked higher to open the new trading week as Iran reportedly launched missiles at a U.S. air base in Qatar, raising hopes that the retaliation for the past weekend's U.S. strikes on Iranian nuclear facilities could be limited in scope.
The long-awaited rollout of Tesla's driverless vehicles follows years of safety issues and unfulfilled promises in its full self-driving initiatives, and certainly leaves further room for skepticism. The initial Tesla fleet is a far cry from the “hundreds of thousands” driverless vehicles Musk aspires for by 2026, even falling short of the roughly 100 driverless vehicles from Alphabet's Waymo operating in Austin since March.
Tesla began offering its driverless taxi service to a handful of riders over the weekend. Regina Clewlow, CEO and co-founder of Populus, a mobility analytics software company, discusses the launch and the growth of the robotaxi sector with Caroline Hyde on “Bloomberg Tech.
The long-awaited rollout of Tesla's driverless vehicles follows years of safety issues and unfulfilled promises in its full self-driving initiatives, and certainly leaves further room for skepticism. The initial Tesla fleet is a far cry from the “hundreds of thousands” driverless vehicles Musk aspires for by 2026, even falling short of the roughly 100 driverless vehicles from Alphabet's Waymo operating in Austin since March.
CNBC's Deirdre Bosa joins 'Money Movers' to discuss Tesla as the company debuted its robotaxis in Austin.
Tesla Inc (NASDAQ:TSLA) shares jumped more than 8% following the successful launch of its autonomous Robotaxi service in Austin, Texas over the weekend. The launch involved a limited pilot program featuring about 10 to 20 Model Y vehicles operating within a geofenced area in South Austin.
While still in its infancy with a limited, invite-only launch in Austin, the Tesla robotaxi service debut marks a pivotal moment for the company.
Elon Musk's Tesla has launched a limited rollout of its self-driving “Robotaxi” fleet in Austin, Texas in a major test of technology that the billionaire has promised will transform the company's business.
U.S. equities advanced at midday as oil prices declined on doubts the weekend U.S. military strikes against Iran and possible retaliation from Iran would disrupt supplies. The Dow Jones Industrial Average, S&P 500, and Nasdaq all gained.
Over the weekend, Tesla Inc (NASDAQ:TSLA) slipped its first fully autonomous ride-hail service onto Austin's streets with barely a fanfare: a handful of geofenced vehicles, safety monitors on board and invited riders only. It's a cautious debut that echoes the limited roll-outs from Waymo and Cruise, yet investors had been banking on something more spectacular.
Shares of Tesla Inc. charged higher Monday, after Chief Executive Elon Musk said Tesla owners could turn their electric vehicles into robotaxis, opening up an opportunity for them earn more than their monthly payments on the vehicles.