Elon Musk revealed that Tesla will pull back the curtain on a robotaxi this summer, news that comes as adoption of self-driving vehicles hits speed bumps over safety concerns.
Sources familiar with the matter, as well as internal communications seen by sources, confirm the abandonment of the much-hyped project, which aimed to make electric vehicles accessible to the masses.
The decision marks a significant departure from Tesla CEO Elon Musk’s longstanding vision, which prioritised the development of affordable electric cars as the cornerstone of the company’s mission. Musk’s original strategy, outlined in 2006, outlined plans to produce luxury models initially, with profits funding the creation of a low-cost family car.
Meanwhile, Elon Musk said in a post on social media platform X on Friday that Tesla will unveil ‘Robotaxi’ on August 8.
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