Tesla will double the number of robotaxis operating in Austin, Texas, in December. The company started its self-driving car service in the city in June 2023.
Chief Executive Elon Musk shared this update, but Tesla has not disclosed the current number of vehicles in the Austin robotaxi fleet.
Following this announcement, Tesla's stock price rose in early trading.
What is a robotaxi?
A robotaxi is a self-driving vehicle that operates as a taxi service, with no human driver.
When did Tesla start its robotaxi service in Austin?
Tesla launched its robotaxi service in Austin in June 2023.
Has Tesla said how many robotaxis are in Austin?
No, Tesla has not shared the exact number of robotaxis in its Austin fleet.
How did investors react to the news?
Tesla's stock price increased after the announcement.
Sources
Tesla CEO Musk says Austin robotaxi fleet to double next month
Reuters
Reuters
Tesla Chief Executive Elon Musk said on Tuesday that the number of robotaxis in Austin, Texas, will double in December, following the rollout of its self-driving service in the city in June.
Musk says Tesla will double its Austin robotaxi fleet in December
Proactive Investors
Proactive Investors
Elon Musk says Tesla Inc (NASDAQ:TSLA) will roughly double the number of robotaxis operating in Austin next month, marking the latest step in the company's push to scale up its self-driving service. The fleet has been running in the city since June, although Tesla has never disclosed how many vehicl...
Tesla to Double Austin Robotaxi Fleet Next Month
WSJ
WSJ
Tesla will double the number of robotaxis in Austin, Texas, in December, less than six months after the company launched the service.
Tesla Stock Is Rising. Its Robo-Taxi Fleet Is About to 'Double.
Barrons
Barrons
Another Musk tweet, this time about robo-taxis, appears to be helping Tesla stock early on Wednesday.
Tesla Rises As Elon Musk Makes This Austin Robotaxi Claim
Investors Business Daily
Investors Business Daily
Tesla stock advanced in Wednesday's early stock market trade.
Tesla stock trades flat: are investors buying Musk's robotaxi plans?
Invezz
Invezz
Tesla stock rose early Wednesday after another tweet from CEO Elon Musk, but the gains quickly evaporated as investors refocused on the company's weakening electric-vehicle business and intensifying competitive pressures. Tesla stock initially climbed 1.1% to $423.84 in premarket trading, while futu...
Tesla plans modest Robotaxi expansion in Austin
Proactive Investors
Proactive Investors
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on X late Tuesday that the company plans to “roughly double” its Robotaxi fleet in Austin next month, as the electric vehicle maker faces criticism over limited service availability. The current Austin fleet is estimated at about 30 vehicles, according to i...
Humanoid robot orders to explode in 2026, but Tesla stock is unlikely to benefit
Invezz
Invezz
Goldman Sachs analyst Jacqueline Du sees explosive growth in humanoid robot orders in 2026. And given that Tesla Inc.'s (NASDAQ: TSLA) chief executive Elon Musk believes roughly 80% of his company's future value will come from “Optimus,” that demand surge should benefit the EV stock.
The List of Analysts Who Think Tesla Will Benefit Immensely From Robotaxis Keeps...
The Motley Fool
The Motley Fool
A recent analyst's note suggested that Tesla stock could surge by 25% due to the company's autonomous vehicle initiatives. The AV market is projected to be worth an estimated $1.4 trillion by 2040.
Tesla: The New AI Chips Could Bring In $11.4B In Annual Robotaxi Savings By 2028
Seeking Alpha
Seeking Alpha
I reiterate my Strong Buy rating on Tesla, Inc., despite my previous failed bet around the November 6 shareholder meeting. My bull case rests on TSLA's AI4-AI6 chip roadmap, driving major robotaxi costs. At 100,000 cars with 1:12 supervision, my model roughly estimates $11.4B in incremental annual p...
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