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June 23, 2025

Tesla Launches Robotaxi Service in Austin with Paid Rides

Tesla Inc (NASDAQ:TSLA) has unveiled its first fleet of self-driving robotaxis in Austin, Texas, marking a significant step in its pursuit of autonomous vehicle technology. The pilot initiative began on Sunday, featuring a limited number of driverless Teslas offering rides to paying customers; each ride is available for $4.20, as confirmed by CEO Elon Musk.

Highlights of the Launch

  • Ten vehicles were deployed in a restricted area around South Congress.

  • Rides included a front-seat safety monitor in place of a driver.

  • Tesla influencers shared live experiences of their ride on social media.

Musk referred to this launch as the โ€œculmination of a decade of hard work,โ€ emphasizing that the company built its AI software and chip teams entirely in-house. Tesla views robotaxis as a critical revenue generator for the future, intending to scale its autonomous technology for wider market use.

Investor Insights for Tesla

Understand Teslaโ€™s shifting valuation and operational metrics through Entreprenerdly.com. The site provides information on revenue per employee, return on assets, and R&D intensityโ€”crucial metrics for evaluating Tesla’s move deeper into AI and software-based services.

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