Robotaxi Plans with Major Event on October 10

Elon Musk aims to showcase the future of autonomous driving amid investor concerns over costs, safety, and feasibility.

Tesla has sent out invites to select shareholders for the 'We, Robot' event in Los Angeles, where the company will reveal its robotaxi design and plans.
The event, initially scheduled for August, was postponed to allow for important updates and additional showcases.
Musk's ambitious vision includes converting Tesla from an EV manufacturer to an AI and robotics company, focusing on autonomous driving technology.
Key investor concerns include the safety and reliability of Tesla's Full Self Driving (FSD) technology, which currently lags behind competitors like Waymo.
The financial implications of developing and deploying the robotaxi fleet are significant, with estimates running into tens or hundreds of billions of dollars.