Tesla prepares to unveil autonomous cab design as robotaxi promises continue

cnbc.com October 2, 2024, 08:00 PM UTC

Elon Musk has long promised that Tesla cars will become robotaxis. Next week, the company will reveal its autonomous cab design. Despite past delays, supporters remain hopeful for progress at the event on October 10. Competitors like Waymo and Zoox have already launched commercial robotaxi services, achieving significant ride numbers. In China, companies like Pony.ai and Baidu are also operating similar services. The robotaxi market is seen as potentially lucrative, with estimates suggesting $50 billion in annual bookings by 2030. As U.S. electric vehicle sales slow, Tesla's shift to autonomy is increasingly important.


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