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Tesla Cybercab
This Tesla Cybercab won’t be the car self-driving passengers see around Austin in June (Sjoerd van der Wal/Getty Images)

What we now know about Tesla’s Austin robotaxi launch this year

It’s expected “end of June or July” and “in many other cities in the US by the end of this year.”

Despite its tumultuous quarter, Tesla says it’s on track for its robotaxi launch in Austin this year. That means regular people will be able to pay money to ride in a self-driving fleet of Tesla-owned vehicles beginning in the “end of June or July,” CEO Elon Musk said on the company’s earnings call, where he offered a few more details about the project.

Earlier this year Musk had said June, but in the scheme of his timelines, July seems close enough. Back in 2019, Musk said the company would roll out a fleet of robotaxis “next year,” i.e., in 2020.

Musk now says the service will be available “in many other cities in the US by the end of this year.”

As with everything Tesla, take any promises and timelines with a grain of salt. Here’s what else we now know about Tesla’s robotaxi launch, according to Musk:

  • The robotaxis are Model Ys, not Cybercabs. The vehicles consumers will be able to hail in Austin will be autonomous Model Ys, Musk said, but added that any of the “vast majority of the Tesla fleet” is capable of being a robotaxi, including models S, 3, X, or Y. The two-seat steering-wheel-less gold Cybercab that Musk trotted out last fall is still scheduled for production in 2026.

  • The service will have “10 to 20 vehicles” at its start. “We’re still debating the exact number to start up on day 1, but it’s, I don’t know, maybe 10 or 20 vehicles on day 1,” Musk said. He added that the company plans to “scale it up rapidly after that” and that “there will be millions of Teslas operating autonomously in the second half of next year.” That’s around the same time Musk expects the program to “become material and affect the bottom line of the company.”

  • It’s happening in Austin. While that might seem like an obvious point, having a ride-hailing service within a sunny, geofenced area where it’s been training for months is not the same as having unsupervised full self-driving in the wild across the US. Despite this, Musk said what the company is “solving for is a general solution to autonomy, not a city-specific solution for autonomy,” and that it would be a “very scalable thing for us to go broadly within whatever jurisdiction allows us to operate.”

  • The cars will have remote operators. “We do have remote support, but it’s not going to be required for safe operation,” Musk said, downplaying the need for remote operators. “Every now and then if a car gets stuck or something, someone will like, unlock it.”

  • Testing for autonomous full self-driving in Austin seems to be doing pretty well. Musk says the electric vehicle company is working through “unusual” edge case interventions. “These are really very rare, like a single intervention every 10,000 miles,” Musk said, adding that the company is burning lots of rubber to come across those in Austin. “There’s just always a convoy of Teslas going just going all over to Austin in circles.”

  • Unsupervised FSD coming to your personal vehicle “before the end of this year.” Musk sees the transition from unsupervised full self-driving robotaxis to unsupervised full self-driving personal vehicles as an easy one, sharing that the cars are already driving themselves from the factory to the parking lots. We’d like to point out that that is not the same thing. The routes Tesla vehicles drive autonomously outside the factories are previously mapped, low-traffic, and short: 1.4 miles for the Model Y and 0.6 miles mostly in an underground tunnel for the Cybertruck in Texas.

  • Musk thinks Tesla will trump Waymo. Despite the fact that Google-owned Waymo is already operating a self-driving ride-hailing service in Austin (and a few other cities), Musk estimates Tesla will have at least a “90-something percent” market share. “I dont see anyone being able to compete with Tesla at present,” Musk said, adding that Waymo’s lidar-equipped cars are too few and too expensive. He also made a pretty good dad joke: “The issue with Waymos cars is it costs way-mo money.”

When pressed for more details about the robotaxi rollout, Musk demurred.

“Its only a couple of months away, so you can just see it for yourself in a couple of months in Austin,” he said.

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Musk wants Tesla’s Optimus to get in and out of the Cybercab to deliver packages

Tesla CEO Elon Musk and Amazon founder Jeff Bezos seem to be competing on nearly every level. Both have media companies, both have space companies, and both helm private AI companies. Now it seems their giant public tech companies are slated to go head to head.

Musk has told his teams working on the Optimus robot that he wants it to be able to get in and out of the company’s Cybercab to make deliveries, according to a report by The Information. Amazon, of course, has also been amping up its use of robots, eventually planning to have them deliver its e-commerce packages.

The Optimus and Cybercab are supposed to go into production next year.

Musk has told his teams working on the Optimus robot that he wants it to be able to get in and out of the company’s Cybercab to make deliveries, according to a report by The Information. Amazon, of course, has also been amping up its use of robots, eventually planning to have them deliver its e-commerce packages.

The Optimus and Cybercab are supposed to go into production next year.

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Elon Musk runs an AI startup — now, so does Jeff Bezos, as he launches Project Prometheus

Jeff Bezos, the third-richest man in the world and the founder of Amazon, a company increasingly focused on AI, has created a new AI startup of which he will be co-CEO, according to The New York Times. The new venture, Project Prometheus, aims to use AI to engineer and manufacture automobiles and spacecraft. It also sounds quite a bit like Elon Musk’s AI startup, xAI.

Musk, the richest man in the world and the CEO of Tesla, a company increasingly focused on AI, also leads his AI startup and is progressively working on integrating its technology into his vehicle and space companies.

Musk’s space company is SpaceX, while Bezos’ is called Blue Origin. Musk owns social media company X, formerly Twitter, which is now part of xAI. Bezos owns media company The Washington Post. Bezos also has invested in an EV company, Slate Auto, which some see as a “Tesla killer.” Got it?

In other words, Bezos and Musk remain engaged in a billionaire version of “keeping up with the Joneses.”

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FT says Apple’s CEO could step down as soon as 2026, Bloomberg disagrees

Late Friday, the Financial Times reported that Apple CEO Tim Cook, a 65-year-old who’s led the company for nearly 15 years, could be stepping down as early as next year. On Saturday, Bloomberg’s Mark Gurman, whose Apple reporting is considered gospel by many, pooh-poohed that timeline, saying that while Apple is readying succession plans, “I don’t get the sense anything is imminent as the @FT is claiming.”

Both the FT and Bloomberg have reported that Apple’s hardware chief, John Ternus, is likely next in line.

The stock is down about 1% premarket, as investors contemplate what Apple, which recently posted a superlative Q4 earnings report, would be like without its longtime supply chain guru.

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Tesla is back in the negative this year

After falling more than 6% yesterday in its biggest drop since July, Tesla is once again in negative territory for the year. Elon Musk’s company posted record earnings last month, buoyed by pulled-forward demand tied to the final quarter of US federal EV tax credits, but its margins slipped as steep discounts were used to clear inventory.

Now the stock, which only turned positive for the year in September, is under renewed pressure amid a broader tech and AI sell-off, as investors grow concerned that the Federal Reserve may pause its rate-cutting cycle. Adding to the drag are soft sales in Tesla’s second-largest market, China, and news that longtime bull Cathie Wood’s Ark Invest unloaded roughly $30 million in shares this week.

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