Tesla Postpones Robotaxi Launch
Tesla has decided to push back the launch date of its highly anticipated Robotaxi service to October, a delay from the originally scheduled August timeline, according to sources familiar with the matter who spoke to Bloomberg News. This development comes as a setback for the Elon Musk-led electric automaker, which has significantly invested resources into this ambitious project.
Market Reaction
Following the news, Tesla's shares experienced a decline of approximately 5%, reflecting investor concern over the postponement. The market reaction indicates that stakeholders were keenly anticipating the timely rollout of the Robotaxi service as a key innovation in Tesla's portfolio.
Lack of Official Comment
When approached for comment, Tesla did not immediately respond to Reuters' inquiries. This silence leaves several questions unanswered about the reasons behind the delay and whether this postponement might impact other linked projects or timelines.
Reporting Details
This report was prepared with contributions from sources in Bengaluru and edited by individuals skilled in financial journalism, ensuring the credibility and accuracy of the information presented.