Elon Musk recently announced via X that Tesla will be launching a driverless taxi service on August 8, 2024, with no further details provided. Just a few hours before, multiple sources reported that Tesla had scrapped the affordable electric car project (dubbed the Model 2) and redirected its focus towards the robotaxi initiative. In response, Elon dismissed the reports as false, stating “Reuters is lying (again).”
The affordable electric car project has been in Elon Musk’s plans since 2006 but has faced numerous setbacks. The latest official information from the January 2024 earnings call indicates that the company is working on a new car model that will revolutionize production methods. Elon also acknowledged the need to compete with Chinese car brands that offer cost-effective solutions.
Sources: Reuters, TechCrunch
TLDR: Elon Musk plans to unveil a Tesla robotaxi on August 8, 2024, amidst ongoing developments in the electric car industry and competition from Chinese brands.
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