The article discusses Elon Musk’s prediction that Tesla will release a robotaxi service by 2024, which could potentially drive up the company’s stock price. Musk believes that the robotaxi service, which would use Tesla’s self-driving technology, could generate $1 trillion in annual revenue for the company. He also stated that the robotaxi service would be a “massive game-changer” for the transportation industry. However, the article notes that Tesla has missed several self-driving deadlines in the past, and there are concerns about the safety and reliability of the technology. Despite these concerns, Musk remains confident in Tesla’s ability to deliver on its robotaxi promise, and he believes that the service could be a major driver of the company’s future growth and profitability.
Source: https://www.businessinsider.com/tesla-robotaxi-release-date-elon-musk-stock-price-2024-9