Tesla Postpones Robotaxi Launch to October for Key Design Changes

Elon Musk cites the need for additional prototype development and enhancements to the vehicle's front design.

The robotaxi event was initially scheduled for August 8 but is now delayed to October.
Musk confirmed the delay allows Tesla to implement important design changes and showcase additional features.
Tesla's stock saw a significant fluctuation following the announcement, with a brief rise and subsequent drop.
The robotaxi project is prioritized over the development of a more affordable electric vehicle model.
Tesla's vehicle sales and production have experienced a decline in recent months, adding pressure on the company.