Musk said in a social media post this week that Tesla’s long-awaited robotaxi service will roll onto the streets of Austin, Texas on June 22. The Tesla CEO is betting the company’s future on autonomous vehicles (AV) and a robotaxi service – which will hopefully inject much-needed cash just as the company’s sales and profits are slumping.

When Tesla’s robotaxis hit the streets of Austin, they could find themselves driving alongside other autonomous vehicles operated by Alphabet-owned Waymo and Amazon-owned Zoox. Both have been testing their driverless cars on the city’s roads for some time, with Waymo now offering rides to paying customers.

With Tesla just days away from a planned rollout of its paid robotaxi service in Austin, the electric vehicle manufacturer is reportedly trying to prevent city officials from releasing records related to its robotaxi trial period.

Tesla was downgraded by two firms, reflecting growing unease following a public fallout between CEO Musk and President Donald Trump.

While Trump allayed some concerns over his relationship with ... Both analysts see Tesla's upcoming robotaxi test and its results as long-term catalysts for the stock. A line of Tesla Cybercab ...