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Tesla Robotaxi
A person steps out of the front passenger seat of a driverless Tesla Robotaxi in Austin in June (Jay Janner/Getty Images)

Musk says Tesla’s robotaxi will open to the public next month

There are reasons to believe this won’t happen, or at least not as a normal person would expect it to happen.

Rani Molla

Over the weekend, Tesla CEO Elon Musk said Tesla’s robotaxi service “will be open access next month.” He made the statement in the way he makes lots of other important business statements: in a reply to a follower on X.

But like other reply announcements he’s made on the site, there’s reason to be wary.

For example, in July Musk told a follower inquiring about the expansion of the company’s self-driving service that it would grow to the Bay Area in a month or two. Tesla did roll out a service in the Bay Area, but it has a driver using supervised full self-driving and doesn’t have Robotaxi branding — a bit closer to an Uber than a self-driving car.

From Musk’s latest comments, it’s unclear if he’s referring to the Robotaxi app doing Uber-like ride-hailing with Teslas in the Bay Area or the robotaxi self-driving service in Austin, which has a person monitoring in the passenger seat but seems a bit more like a car driving itself.

If it’s the former, California residents already have that service with Uber and Lyft (as well as true driverless ride-hailing with Google’s Waymo). If it’s the latter, at last count Tesla only had 10 to 20 vehicles operating in Austin, so if the program is indeed opened to the broader public, the company will also have to roll out many more robotaxis (and their passenger seat monitors) in order for the service’s broader availability to matter in practice, given likely high demand.

The stock is up more than 4% today.

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Jon Keegan

Judge blocks Pentagon’s move to blacklist Anthropic

A federal judge in Northern California has granted a preliminary injunction blocking the Pentagon from labeling Anthropic as a national security supply chain risk.

The ruling temporarily prevents the Defense Department from restricting the AI company’s access to federal contracts amid a dispute over its refusal to allow certain military and surveillance uses of its technology. The designation could also have shifted lucrative government work toward competitors, including OpenAI.

Earlier this month, Anthropic, the company behind Claude, sued 17 federal agencies and their heads, alleging the government exceeded its statutory authority.

tech
Rani Molla

Report: SpaceX’s record IPO may grant preferential access to retail investors and Tesla shareholders

SpaceX’s impending IPO could raise $40 billion to $80 billion and rank as the largest ever — as well as one of the most unconventional.

The Wall Street Journal reports several ways CEO Elon Musk is considering breaking with IPO norms:

  • Investors in his other companies, including Tesla, could receive preferential access to shares.

  • Individual investors may get a third or more of the allocation, far above the typical ~10% mark.

  • Instead of a traditional road show, Musk wants investors to visit SpaceX facilities in person.

  • Investors in his other companies, including Tesla, could receive preferential access to shares.

  • Individual investors may get a third or more of the allocation, far above the typical ~10% mark.

  • Instead of a traditional road show, Musk wants investors to visit SpaceX facilities in person.

tech
Rani Molla

Tesla released estimates for Q1 deliveries and they’re lower than analysts expected

Ahead of first-quarter earnings next month, Tesla released its own company-compiled Wall Street consensus estimate for deliveries: 365,645 vehicles. While that’s lower than the 382,000 FactSet consensus estimate, it represents a nearly 9% jump from Q1 2025, when Tesla sold 336,681 vehicles.

Tesla started releasing its own consensus estimates to the public — not just institutional investors — for the first time in Q4 2025. The move was seen as a way to temper investor expectations, as other estimates were too high. Last quarter, Tesla’s compilation was closer to actual numbers, which fell 16% year over year.

The market-implied odds from event contracts suggest 64% of traders think Tesla’s Q1 deliveries will be more than 350,000, 44% think it will be higher than 360,000, and just 21% have it at higher than 370,000.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.