Tesla reportedly delays ‘robotaxi’ event to October

Tesla has postponed its reveal of the “robotaxi” design from August 8 to October due to the need for more time to build prototypes, as reported by Bloomberg News. The company did not comment on the delay, causing Tesla shares to fall over 6%. CEO Elon Musk first mentioned the robotaxi event in April, the same day Reuters reported Tesla scrapping plans for a $25,000 vehicle, which Musk denied. Tesla had considered building both the robotaxi and the $25,000 car on the same platform, but Musk has shown a preference for focusing solely on the autonomous robotaxi. Shortly after, Musk reduced Tesla’s global workforce by over 10%.

Tesla is apparently not ready to reveal its “robotaxi” design next month, and is instead pushing the event to October, according to Bloomberg News.

The company reportedly needs more time to build the prototypes. It had been aiming for an August 8 event. The company did not immediately respond to a request for comment. Tesla shares fell more than 6% following the report.

Tesla CEO Elon Musk first teased the robotaxi event in April, on the same day that Reuters reported the company was shelving plans for a new vehicle built on a next-generation platform that would cost around $25,000. Musk denied that report on his social media platform X.

Tesla had internally planned to build the dedicated robotaxi and the $25,000 car — often referred to as the Model 2 by fans and watchers of the company — on the same platform. But Musk has waffled on the idea of building a new vehicle with a steering wheel and pedals and instead has favored going all-in on the robotaxi.

Just a few weeks after Musk announced the robotaxi event, he slashed more than 10% of Tesla’s global workforce and said the company was going “balls to the wall for autonomy.”

This story is developing

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