HSBC analysts are expressing skepticism about the profitability of robotaxis, cautioning that hidden costs could delay returns for years. Despite the rapid development by companies like Tesla and Waymo, the market for driverless taxis may be widely overestimated.

Tesla’s recent launch of its robotaxi service in Austin has sent stock prices soaring, even as incidents caught on camera draw regulatory attention. Elon Musk is betting big on autonomous cabs to revitalize the company amid previous sales slumps.

Alphabet Inc.’s self-driving taxi service, Waymo, has announced an expansion into multiple new areas in California. The service will now cover additional regions in the Bay Area, Silicon Valley, and Los Angeles, marking a significant step forward in the autonomous vehicle industry.

Tesla’s long-awaited robotaxi service is tentatively scheduled to launch in Austin, Texas, on June 22, 2025, according to CEO Elon Musk. The company is placing a strong emphasis on safety, which may affect the actual timing of the rollout.

Elon Musk has revealed that Tesla is tentatively set to launch its robotaxi service in Austin, Texas, on June 22. This potential rollout marks a significant advancement in autonomous transportation for the company.

A driverless truck’s delivery in Dallas isn’t just a technological milestone—it’s a signal of the profound changes stirring within Texas politics that could reshape the nation. Sometimes, the smallest events herald the biggest transformations.

The U.S. Transportation Department is taking steps to remove regulatory hurdles for automakers, aiming to foster innovation in autonomous vehicle technology and compete with China. This initiative seeks to accelerate development in the self-driving car industry by streamlining regulations that have previously hindered progress.