Tesla fans want in on the latest exclusive club: Robotaxi access
Some of the invites have gone to Tesla influencers with large online followings.
Tesla investors told Business Insider that Robotaxi represents a pivotal moment for the company.
There's a new hot ticket in Tesla fandom, and there's no surefire way of getting it: access to the company's autonomous ride-hailing service, Robotaxi.
At the end of June, Tesla deployed a pilot launch of the much-anticipated robotaxi platform in Austin. The service started small, with about 10 to 20 Model Ys. A safety monitor sits in the front passenger seat, and a geofence initially covered about 30 square miles of the city.
Though people in Austin can already try a robotaxi with Alphabet's Waymo on the Uber app, that hasn't stopped some of the lucky few who snagged access to Robotaxi from traveling more than a thousand miles just to experience Tesla's service.
"I did about seven rides," John Stringer, a San Francisco Bay Area resident and founder of Tesla Owners of Silicon Valley, told Business Insider. "I was [in Austin] for like 48 hours."
Stringer told BI that he experienced Robotaxi on the first day of its launch about a month ago. He said he did a ride-along with other Tesla influencers who received Day One access. About a week later, Stringer said he also received an invite.
"I was just speechless," he said of his experience. "Not that I teared up or anything. I've been following Tesla hardcore for seven years, and it's just a big moment."
On X, Tesla influencers and fans with large followings proudly announced their invitations on the social media platform, almost like a rite of passage. Posts are often accompanied by a screenshot of the email, proving its authenticity.
"You're Invited to Early Access to Tesla Robotaxi!" the subject line reads.
Though some Tesla fans who received an invite have made it a point to avoid speaking to reporters, Business Insider was able to try Robotaxi through a local Austin resident who invests in Tesla and received early access.
BI previously reported that the rides were mostly smooth but encountered three disengagements, or moments when a remote Tesla rider support agent had to address an issue.
A 'big moment' for owners and investors
On Friday evening, hundreds of Tesla owners and fans gathered at the San Mateo County Event Center, 20 miles south of San Francisco, for a two-day festival dedicated to "Tesla, EVs, and SpaceX enthusiasts." Stringer's club organized the event.
With rows of Tesla sedans and Cybertrucks parked in unison, the empty lot of the center began to look like a Tesla dealership. Starman, the astronaut dummy SpaceX launched into space in 2018, floated above the cars.
"If you've been a Tesla owner and investor, this is a big moment," Stringer said of Robotaxi's arrival. "This is the moment where it's no longer Amazon bookstore. This is like the Tesla car company going fully autonomous."
For Stringer and other Tesla fans who spoke with BI, the arrival of Robotaxi almost represents a vindication of their choice to believe in a company that has faced near bankruptcy and is, in their view, a constant target of negative media headlines.
"I think the mainstream media is so skewed toward any news about Tesla," Rhajib Bhakat, a San Francisco-based engineer and Tesla investor, said. "For somebody who is not experiencing [Tesla] on a day-to-day basis, they have no way of knowing: Is he right? Or are these Tesla fanboys? How do you evaluate it?"
"If I'm an investor, I would want to understand where this industry is headed. Am I putting my money in the right place?" Bhakat continued, "So the only way to experience it, for me, is to try it out."
Read the original article on Business Insider
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
DealMakerInsider.com Publishes a New White Paper for M&A Advisors on Reframing Sell-Side Qualification in Tech
INDEPENDENCE, Ohio, July 29, 2025 /PRNewswire/ -- today announces the release of an original thought-leadership paper, Reframing Sell-Side Qualification in Tech | What Unknown Exposures Advisors and Their Brokerages Experience. Authored by Art Howarth of M&A Evolution, this exclusive article offers seasoned M&A advisors actionable insights on brokering technology transactions. Powered by M&A Source® — the preeminent professional association dedicated to lower middle market mergers and acquisitions — delivers curated content to help experienced advisors drive more success. In his paper, Reframing Sell-Side Qualification in Tech | What Unknown Exposures Advisors and Their Brokerages Experience, Mr. Howarth writes, "Advisors should be very, very careful in technology transactions. Tech is certainly attractive when it comes to the multiples, but it can also be highly detrimental to your business future, resulting in future liabilities for you and your brokerage." Art Howarth holds a Bachelor of Computer Science (B. Comp Sci), from the faculty of Engineering & Computer Science at Concordia University. In this article, he shares expert insights on how to improve the qualification process, emphasizing the importance of: Understanding the production process Identifying the company lifecycle stage Assessing founder psychology During his 30+ year career, Art Howarth has had experience within a diverse set of public, private, and entrepreneurial roles spanning multiple continents and market areas. He was involved in 75 acquisitions and over 100 investments at Cisco Systems. As a leader of the Corporate Development Technology Group, his responsibilities covered tech strategy, investment portfolio tech extraction, technical due diligence for acquisitions/investments, and Intellectual Property (IP) evaluations. "M&A Source is the recognized source of opportunity and excellence for individuals and firms engaged in lower middle market business transactions. Our educational portal for experienced advisors, provides curated content and dealmaking insights to help them stay ahead of the curve." - Kylene Golubski, Executive Director, M&A Source Access these expert insights on About M&A Source M&A Source® is the leading not for profit association for individuals and firms engaged in lower middle market business transactions. The association provides education, benefits, conferences, support programs and networking opportunities, and awards the Mergers & Acquisitions Master Intermediary® (M&AMI®) designation to qualified advisors. For additional information, contact M&A Source directly at 216-243-0030. [Social Media Handles]Facebook - Twitter - - - - View original content to download multimedia: SOURCE M&A Source Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
Jeep owner Stellantis says has turned corner
Jeep owner Stellantis said Tuesday it sees sales revenue and profitability rebounding in the second half of the year despite taking a 1.5-billion-euro ($1.7-billion) hit from US tariffs. The 15-brand group that also includes Peugeot, Citroen and Fiat, confirmed the preliminary announcement it made last week of a 2.3-billion-euro net loss in the first half of the year, as sales in North America continued to slump on an annual comparison. But Stellantis's new chief executive, Antonio Filosa, said the automaker is beginning to see "gradual improvement" in sales volumes and revenues on a sequential basis "despite intensifying external headwinds". Like some of its rivals, Stellantis had suspended financial guidance due to the uncertainty surrounding US tariffs and regulatory changes, but it said it now sees an increase in revenues in the second half of the year as well as operating profit margin in the low single digits. Under former chief executive Carlos Tavares the company had long targeted a double-digit margin, but it fell to just 0.7 percent. Stellantis also put a figure on the impact of the 25 percent US tariffs on auto imports: 1.5 billion euros for 2025 overall, of which 300 million euros was incurred in the first half of the year. Part of the turnaround was taking a 3.3-billion-euro charge, which Stellantis announced last week, which took into account the costs to adapting to new US regulations. Trump's massive tax and spending legislation, approved earlier this month, removed the penalties for not respecting the so-called CAFE fuel economy targets, meaning automakers can produce and sell more higher polluting cars in the United States. This is allowing Stellantis to bring back a number of models, including pickup trucks and muscle cars, that had been phased out because of their internal combustion engines to meet fuel efficiency targets and pollution limits. Stellantis said this and a "product wave" of 10 new models this year would support future performance. Company veteran Filosa took over as chief executive in June, half a year after Tavares left, in large part to haemorrhaging sales in North America. Filosa has shook up the company's management team and moved swiftly to jettison two billion euros of programmes considered as having poor prospects to quickly turn a profit, such as hydrogen fuel cell vehicles. Stellantis shares slumped 3.7 percent in trading on the Paris stock exchange, which was up 0.5 percent overall. Stellantis shares have lost around 37 percent since the start of the year and 70 percent from their peak early last year. tsz/rl/yad Sign in to access your portfolio
Yahoo
22 minutes ago
- Yahoo
Trump's DOJ puts companies on notice: Don't evade tariffs
The Justice Department is putting American companies on notice that they could be prosecuted if they chose to evade President Trump's tariffs, even as the legality of the president's "Liberation Day" duties remain unsettled in US courts. The message came in a DOJ announcement earlier this month stipulating that prosecutors would step up investigations into suspiciously classified imports and charge those who misidentify products with fraud. 'While the DOJ has always taken some customs cases, this is a different, more aggressive, visible stance than they usually would,' said Thompson Coburn trade lawyer Robert Shapiro. Read more: 5 ways to tariff-proof your finances The plan — to be carried out by the DOJ's new Market, Government, and Consumer Fraud Unit — marks a shift in enforcement tactics from prior administrations that relied mostly on policing misconduct through administrative proceedings, even during Trump's first term in office. The new Trump administration instead wants to prioritize criminal charges against companies and individuals that try to evade US tariffs. The overarching strategy was first outlined by Matthew R. Galeotti, head of the Justice Department's Criminal Division, who wrote in a May memo that an increasing focus on white collar crime would include "trade and customs fraudsters, including those who commit tariff evasion." At the same time, the Trump administration finds itself in the unusual position of defending the legality of the duties it pledges to enforce. Oral arguments in a federal lawsuit challenging the president's tariffs are set to take place before the US Court of Appeals in Washington, D.C., this Thursday. The small business importers challenging the legal standing of the duties already proved it was possible to temporarily derail Trump's global tariffs with a lower court victory in May. In a separate challenge, two toy manufacturers are scheduled to make their own arguments against Trump's tariffs before the D.C. Circuit Court of Appeals on Sept. 30, following their own lower court victory. 'We're going to raise the ante' Tariff violations can be prosecuted under civil or criminal laws. However, even fraud cases were often handled administratively by past administrations, according to Shapiro. 'I think the administration is just saying we're going to raise the ante on this,' Shapiro said. University of Kansas School of Law professor Raj Bhala said laws against customs fraud have long been in force, but the appetite for the DOJ and US Immigration and Customs Enforcement (ICE) to clamp down on violations has increased. Historically, Bhala and other trade lawyers said, prosecutors focused government resources on suspected tariff violations by US adversaries such as China, Iran, and North Korea, and particularly on export controls meant to keep controlled items from shipping to those countries. Producer-exporters, especially in China and other high-tariff regions, have been using evasion techniques for decades, mostly to skirt anti-dumping and countervailing duty orders, Bhala said. But now, under more imposing tariffs, incentives to evade duties have spiked 'enormously.' 'What is clear is that a lot of companies are looking for a way to limit the impact of the duties,' Shapiro said. In this new tariff and enforcement environment, trade experts suspect that corporate America and its trading partners are on high alert. Erika Trujillo, a trade attorney with customs risk management firm SEIA Compliance Technologies, said the shift toward more enforcement happening at the DOJ and less through administrative procedures could increase politically motivated targeting of companies viewed as adverse to the Trump administration's interests. 'I do think trade restrictions were used as both a sword and a shield for foreign companies, or in terms of dealing with international trade,' Trujillo said. Common tariff evasion techniques include misclassifying goods, falsely labeling a product's country of origin, making minor modifications to a product while it's in a lower-tariff jurisdiction to pass it off as manufactured there, and transhipping goods through lower-tariff jurisdictions. Read more: The latest news and updates on Trump's tariffs 'It's hard to imagine that any well-run company that has supply chains stretching across the globe — particularly in higher-tariff jurisdictions like China or Cambodia — would not be having vigorous discussions to ensure every step in the supply chain is properly documented and audited,' Bhala said. Bhala cautions that the stakes are high for importers subject to US jurisdiction. 'They're the importer of record and they're the ones who are liable for the tariffs,' he said. 'And false declarations are what we call 'go to jail stuff.'' For fraud, fines can also be assessed, up to the domestic value of the merchandise. For civil violations made based on negligent actions, maximum penalties are two times the underpayment of duties, in addition to original duties. For violations based on gross negligence, penalties increase to four times the underpayment of duties. For businesses looking to assess their risk, US Customs maintains an electronic system called the Automated Commercial Environment (ACT) that allows importers to view what their classification data looks like to customs. Small and midsize companies may find it more difficult to evaluate their compliance risks compared to multinational firms. 'If you're an SME, you probably have one or two lawyers, and they're not necessarily trade specialists,' Bhala said. Plus, there are different rules for thousands of products. For example, a typical NAFTA good, he explained, traverses the US-Canada border roughly four times. 'It's really difficult for companies of that size to be dealing with this,' Trujillo said. One major challenge is finding affordable internal expertise. 'Almost every company I know is actively hiring for both customs and export controls, and sanctions. You're basically stuck going to law firms or other external consultancy, and the small and medium-sized firms are maybe not going to have the budget to pay $1,100 an hour.' Read more: What Trump's tariffs mean for the economy and your wallet For certain suspected violations like those made by mistake, Shapiro said it doesn't make economic sense for the DOJ to get involved. 'They don't have the manpower for it,' he said. But a new enforcement policy seems to fit the Trump administration's broader tariff agenda, he added. 'If you're going to have this tariff policy, you're going to have to take a more aggressive stance, because it's a huge ocean of imports, and it's very hard for customs to enforce against everyone.' Alexis Keenan is a legal reporter for Yahoo Finance. Follow Alexis on X @alexiskweed. Click here for in-depth analysis of the latest stock market news and events moving stock prices