Tesla in Talks with Austin to Launch Robotaxi Fleet in 2025, Stock Rises 3% on Early Discussions Since May

Dec 19, 2024, 12:30 PM

Tesla is engaged in early discussions with officials from the city of Austin regarding the deployment of its autonomous vehicle technology. The company aims to potentially roll out its robotaxi fleet in Austin as early as 2025. These discussions are part of Tesla's efforts to establish safety expectations and guidelines with Austin's autonomous vehicle task force, with communication reportedly beginning as early as May 2024. The news has positively impacted Tesla's stock, which rose 3% in pre-market trading following the report of these talks.