Tesla launches robotaxi pilot program in Austin
Tesla is poised to launch a pilot robotaxi service in Austin, Texas next week, potentially revolutionizing its revenue streams. This new venture could become a trillion-dollar market. The pilot program will utilize Tesla's unsupervised self-driving software, though with remote human operators. Elon Musk anticipates scaling this to hundreds of thousands of vehicles by late 2026, aiming to allow Tesla owners to rent out their cars. Analysts predict significant growth in the autonomous rideshare market, potentially reaching $300 billion in the next five years. Tesla's robotaxi ambitions, however, face skepticism due to past unfulfilled promises of self-driving technology.