Elon Musk Aims To Deploy Robotaxis To Serve Half The US Population By The End Of 2025

Benzinga

Tesla CEO Elon Musk shared bold updates during the company’s second-quarter earnings call, according to Benzinga. The billionaire announced plans to launch autonomous ride-hailing for half of the U.S. population by year-end, pending regulatory approval. He said Tesla's autonomous ride-hailing plans depend on regulatory approval and emphasized the company is proceeding cautiously. Musk said Tesla plans to rapidly expand its Robotaxi fleet and service areas, with approvals pending in Phoenix and Florida. He shared that Tesla is working with Dutch regulators on Full Self-Driving approval, aiming to expand into the EU and resume progress in China.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Tesla CEO Elon Musk shared bold updates during the company's second quarter earnings call,

00:07according to Benzinga. Billionaire announced plans to launch autonomous ride-hailing for

00:11half of the U.S. population by year-end, pending regulatory approval. He said Tesla's autonomous

00:16ride-hailing plans depend on regulatory approval and emphasize the company is proceeding cautiously.

00:21Musk said Tesla plans to rapidly expand its robo-taxi fleet and service areas,

00:25with approvals pending in Phoenix and Florida. He shared that Tesla is working with Dutch regulators

00:30on full self-driving approval, aiming to expand to the EU and resume progress in China.

00:36For all things money, visit Benzinga.com.

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