Latest news with #RobotaxiApp
Time of India
5 hours ago
- Automotive
- Time of India
Tesla confirms its first robotaxi rides will have this passenger safety feature
Tesla's first robotaxi rides will include a human safety monitor in the front passenger seat. The Elon Musk-led electric vehicle maker has confirmed this feature in the invitations sent to influencers and investors. This passenger safety feature contradicts Elon Musk's previous assurances of fully unsupervised service. The invitations, which announced a June 22 launch date for the highly anticipated service, specify that the human monitor will "accompany you on your trip." This move marks a departure from Musk's earlier promises in January to launch "unsupervised" robotaxis with "no one in the car" this summer. In an April earnings call, Musk further explained that 10 to 20 Tesla Model Y vehicles would be remotely operated in emergencies. However, details regarding Tesla's robotaxi service have been scarce leading up to its launch. What Tesla said in its robotaxi service invitations In the invitation, the company wrote: 'As an Early Access rider, you can be among the first to use our new Robotaxi App and experience an autonomous ride within our geofenced area in Austin. Through this exclusive preview, you'll have the opportunity to provide valuable feedback on our Robotaxi service. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Walgreens Keeps Quiet About This '9 Pills for $7' Generic Cialis Deal Health Alliance by Friday Plans Learn More Undo While the Early Access phase is invitation-only, you are permitted to bring up to one additional guest, so long as they are 18+ and you remain present with them for the duration of the ride. A Tesla Safety Monitor sitting in the front right passenger seat will accompany you on your trip. Early Access will begin this Sunday, June 22, 2025; this date is subject to change. If you are able to join us in Austin, please let us know by responding to this email. Confirmed Early Access participants will receive a separate invitation to download our Robotaxi App. Parameters of Use • You must read through and agree to the attached Terms of Service, Rider Rules, Robotaxi Rider Privacy Notice, and Service Animal Policy. • You must have a credit/debit card on file. • You may request a ride in the app to/from anywhere in the geofenced area, excluding any airports, between 6:00AM to 12:00AM (midnight), every day of the week. These operational hours are subject to change. A map of the geofenced area is available in the app. • Note that service may be limited or unavailable in the event of inclement weather. • Only the invitee may download and use the Robotaxi App to hail a Robotaxi ride. • Please be courteous and treat the service with respect. Your participation in this Early Access program may be terminated for various reasons, including violating these parameters or engaging in unsafe and/or disrespectful behaviour. • Provide a star rating and feedback from your experience in the app. • Photos and video of the experience are ok. We look forward to your feedback. Thanks!' World Music Day 2025: Tech That Changed How We Listen to Music AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Business Insider
10 hours ago
- Automotive
- Business Insider
Tesla stock wobbles as the company rolls out early robotaxi invites
Tesla shares wavered on Friday as investors eyed the company's move toward its highly anticipated robotaxi event. The stock rose as much as 3% to $332.36 before paring gains and falling by about 1%. The stock is down 21% in 2025. Tesla is poised to enter the self-driving car market by launching its robotaxi fleet in Austin, Texas, with early invites for the service rolling out Friday morning. The electric vehicle maker has been preparing for the event for months, keeping investors on edge as they await a fresh catalyst for the stock to gain amid falling vehicle sales in 2025. Influencers and popular Tesla personalities on X shared screenshots of emails they received Friday morning, revealing their invitations to test Tesla's self-driving vehicles. "As an Early Access rider, you can be among the first to use our new Robotaxi App and experience an autonomous ride within our geofenced area in Austin," an invitation posted on X reads. "Through this exclusive preview, you'll have the opportunity to provide valuable feedback on our Robotaxi service." Wedbush Securities analyst Dan Ives, a well known Tesla bull, described Tesla's robotaxi launch as the start of a "golden age of autonomous growth." "Taking a step back we view this autonomous chapter as one of the most important for Musk and Tesla in its history as a we believe the AI future at Tesla is worth $1 trillion to the valuation alone over the next few years," Ives wrote in a note on Friday, reiterating an outperform rating and a $500 price target for Tesla stock. Tesla stock has been volatile this year, but it's up sharply since its April lows, partly on excitement for the robotaxi launch. Investors have been concerned about falling Tesla sales, as well as Musk's political activities, which some shareholders believe have harmed the brand.
