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Tesla Stock Jumps 4% After It Removes Safety Monitors, Begins Fully Autonomous Robotaxi Testing

Tiger Newspress12-15 22:33

According to Teslarati, Tesla has started Robotaxi testing in Austin, Texas, without any vehicle occupants, the company’s CEO Elon Musk confirmed on Sunday. Two Tesla Model Y Robotaxi units were spotted in Austin traveling on public roads with nobody in the car.

Shares of Tesla jumped 4% in morning trading.

The testing phase begins just a week after Musk confirmed that Tesla would be removing Safety Monitors from its vehicles “within the next three weeks.” Tesla has been working to initiate driverless rides by the end of the year since the Robotaxi fleet was launched back in June.

Two units were spotted, with the first being seen from the side and clearly showing no human beings inside the cabin of the Model Y Robotaxi:

The two units are traveling in the general vicinity of the South Congress and Dawson neighborhoods of downtown Austin. These are located on the southside of the city.

This development, in terms of the Robotaxi program, is massive. Tesla has been working incredibly hard to expand its fleet of Robotaxi vehicles to accommodate the considerable demand it has experienced for the platform.

However, the main focus of the Robotaxi program since its launch in the Summer was to remove Safety Monitors and initiate completely driverless rides. This effort is close to becoming a reality, and the efforts of the company are coming to fruition.

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Comment2

  • King19
    ·12-15 22:38
    lol, the prc already done that.... dunno what's the hype 🤷🏻‍♂️
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  • a4xrbj1
    ·12-15 20:11
    It's not a taxi if no one is inside. But keep pumping the stock as their sales crater more and more
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