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Tesla plans to double its robotaxi fleet in Austin next month as it prepares to remove safety drivers in parts of the city by year-end. The company is expanding autonomous service across multiple metro areas after recent approvals in Arizona and progress in Nevada. Shares edged higher on the update.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street
00:02Tesla said it plans to double its Robotaxi fleet in Austin next month, according to Benzinga.
00:08During last month's earnings call, CEO Elon Musk said the company will remove safety drivers in
00:13parts of Austin by year-end. In a post on X, Musk said that the fleet should roughly double
00:18next month. Tesla currently operates Robot Axis in Austin and the Bay Area and expects to expand
00:24to up to 10 metro areas by year-end. The company won approval to operate ride-hailing services
00:29in Arizona. It cleared a self-certification hurdle in Nevada, but it still needs a permit from the
00:35Nevada Transportation Authority before launching commercial service there. Shares traded up 0.21%
00:41at $420.29 on Wednesday. For all things money, visit Benzinga.com.
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