Hyperdrive
Musk Says Tesla Will Unveil Long-Promised Robotaxi on Aug. 8
- Shares jump in late trading after falling earlier Friday
- Promise of full autonomy has been key to Tesla valuation
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Tesla Inc. plans to unveil its long-promised robotaxi later this year as the carmaker struggles with weak sales and competition from cheap Chinese electric vehicles.
Chief Executive Officer Elon Musk posted Friday on X, his social media site, that Tesla’s robotaxi will be unveiled on Aug. 8.