The EV maker's shares have formed a new trading range. Something dramatic will need to happen to snap them out of it.

Soon, when Austinites pull up to a light between a Waymo and Tesla they might be the only person in a car. That's because Tesla CEO Elon Musk announced plans to bring a paid ride-hailing service, powered by Tesla’s recently announced robotaxis,

Our collective eyebrows raised when Elon Musk said self-driving vehicles were coming to Austin this week. Yes, really. Here is senior reporter Sean O’Kane’s article detailing Musk’s claims, which he made during Tesla’s Q4 earnings call.

Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.

The bigger news, though, is what Tesla has planned for 2025. In the first half of the year, it’s set to launch “ more affordable ” models. Precise details about these models haven’t been confirmed, although Tesla has been talking about them for quite some time.

Elon Musk shared on the Tesla Q4 2024 conference call that Tesla will launch its FSD service in many regions in the US by the end of 2025

Tesla’s driver assistance software, known as full self-driving, or FSD, will see unsupervised tests in Texas, California and other states this year.

Tesla's promise of launching fully self-driving cars is a decade old, but so far its vehicles have always required constant driver supervision. But CEO Elon Musk announced on Wednesday that the automaker's first true "unsupervised" self-driving system will be launched in June, starting in Austin as a paid ride-hailing service.

Tesla CEO Elon Musk told investors last year that the company was aiming for a 2025 launch of its self-driving service in California and Texas. The company appears to be on track to hit that target. Musk said during Tesla's fourth-quarter earnings call on Wednesday that the automaker is on pace to launch its self-driving service as early as June 2025,

While the initial testing will use Tesla's own fleet of cars, regular customers may be able to add their cars to the ride-hailing fleet next year, Musk says.

The claim of the vehicles driving around, carrying passengers with no driver behind the wheel by June borders on ridiculous. The numbers just don't back it up