🚖 Tesla Gears Up for Robotaxi Launch with Teleoperator Backup

Tesla is set to launch its highly anticipated robotaxi service in California and Texas in 2025, according to Deutsche Bank. The service will rely on a company-owned fleet and feature human teleoperators initially to ensure safety and redundancy. Tesla plans to manage the service through its proprietary ride-hailing app, further consolidating control over its autonomous mobility ecosystem.
In addition to the robotaxi rollout, Tesla remains on track to introduce its cheaper vehicle in the first half of 2025, followed by other models later in the year. Reflecting optimism in Tesla's growth strategy, Deutsche Bank raised its price target for the company's shares to $370. Despite this positive outlook, Tesla's shares dipped slightly to $386.04 on Monday.
This development highlights Tesla's ambitious push into the autonomous ride-hailing market while maintaining safety measures during the technology's early phases.
Photo Credit: Forbes Australia