Tesla to Unveil Robotaxi in August Amid Shift in Focus

Elon Musk's announcement marks a pivotal moment for Tesla as it pivots towards autonomous vehicles, leaving behind plans for an affordable EV.

Elon Musk announces Tesla will unveil a robotaxi on August 8, 2024, sparking discussions on the company's shift in focus.
Despite previous delays and unmet promises, Tesla aims to revolutionize the autonomous vehicle market with its upcoming robotaxi.
Tesla faces competition from Chinese EV makers and has scrapped plans for a $25,000 affordable EV, focusing instead on the robotaxi.
Experts remain skeptical about the feasibility of fully autonomous vehicles, citing safety concerns and regulatory hurdles.
Tesla's stock sees a slight increase following the robotaxi announcement, amid challenges including weak sales and production delays.