Elon Musk sets new date for Tesla's Robotaxi reveal
August is out, October is in.
Tesla CEO Elon Musk has set a new date for the company's big Robotaxi reveal: October 10. During an earnings call Tuesday, Musk said that moving the event back a few months allowed the company to "improve the Robotaxi, as well as add in a couple other things for the product unveil."
The original launch date (after years of teasing) was August 8, as announced by Musk in April. A recent Bloomberg report, however, broke the news that the event was postponed for October, allegedly to give the teams working on Robotaxis more time to build additional prototypes.
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Earlier this month, Musk revealed that the event was delayed as he requested an "important design change to the front."
Musk has been hailing Robotaxis as an extremely important next step for Tesla. The idea, according to Musk, is to build a fleet of fully autonomous cars which will ferry passengers around without the need for a driver.
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During yesterday's earnings call, Musk once again reiterated his belief that autonomous driving is key for Tesla's future. "The value of Tesla overwhelmingly is autonomy. These other things are in the noise relative to autonomy," he said.
The company's earnings report for the second quarter of 2024 were a mixed bag, with the company beating revenue estimates, but missing on earnings expectations from Wall Street analysts.
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