Tesla takes cautious stance on autonomous taxis
Tesla is facing challenges in rapidly expanding its autonomous taxi service, "Robotaxi," as previously anticipated. Although the company launched a limited pilot program in Austin and expressed plans to expand to seven cities by June 2023, the rollout has been slower than expected. Currently, the service is limited to specific areas with restricted operation, having achieved around 2.5 million miles of operation compared to over 220 million miles recorded by Waymo. These constraints reflect regulatory and operational challenges that vary between cities. As a result, Tesla’s stock has declined by approximately 13%. Meanwhile, Waymo currently holds an advantage in commercial deployment, with Tesla continuing to address operational and regulatory issues to ensure faster and safer expansion.
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