Tesla has been licensed to function its Robotaxi ride-hailing enterprise in Texas, making a floor for competitors towards rivals Uber and Lyft.
Based on an inventory on the Texas Division of Licensing and Regulation’s web site, Tesla Robotaxi LLC can function as a “transportation community firm” within the state till August 6, 2026.
In the meantime, on August 6, chief govt Elon Musk and the EV maker had been sued by shareholders alleging securities fraud for hiding main security dangers with the corporate’s self-driving autos, together with the Robotaxi.
Tesla’s share value fell 6.1% over two buying and selling days after the check started, wiping out about $68 billion of market worth.
Tesla launched its autonomous taxi service in San Francisco in late June. The enterprise remains to be in its early levels, having solely carried out a managed check run in Austin, Texas, earlier this yr.
In the course of the earnings name final month, Musk mentioned Tesla is getting regulatory permission to launch robotaxis in a number of states, together with California, Nevada, Arizona and Florida.
Tesla shuts down Dojo
The event comes after Tesla had shut down the workforce behind its Dojo supercomputer, ending its push to construct in-house chips for self-driving expertise.
CEO Elon Musk posted on X, saying, “It doesn’t make sense for Tesla to divide its assets and scale two fairly completely different AI chip designs.”
ET reported that shutting down Dojo marks a giant change in Tesla’s technique. Musk had lengthy mentioned that Dojo can be key to the corporate’s AI objectives and its path to full self-driving,
Final month, Tesla additionally signed a significant $16.5 billion deal to supply chips from Samsung Electronics. These chips are anticipated to energy its self-driving automobiles, humanoid robots, and information centres. Based on Musk, these new AI6 chips will probably be made at Samsung’s new chip plant in Taylor, Texas.
On June 11, AP reported that Musk has lengthy promised totally autonomous automobiles subsequent yr, however stress is mounting as Tesla launches a self-driving taxi service amid falling EV gross sales, Mannequin Y retooling, and political backlash.
First Tesla retailer in India
The EV producer had additionally launched its first outlet in India on July 15 in Bandra-Kurla Advanced space of Mumbai.
Tesla had signed the lease for its 4,000 sq. foot Mumbai showroom in March. The placement is within the neighborhood of Jio World Drive, which has housed Apple’s first showroom within the nation.
