Tesla Faces Calls to Postpone Robotaxi Rollout in Austin

June 19, 2025 09:49 AM PDT | By EODHD

Google News:

Tesla Faces Calls to Postpone Robotaxi Rollout in Austin — Image source: Kalkine Media

Recent News

Keysight Technologies (NYSE:KEYS) Advances PCIe Russell 1000

CACI International (NYSE:CACI) A Closer Look S&P 500

Full Truck Alliance (NYSE:YMM) Sees Institutional NYSE Composite

Targa Resources (NYSE:TRGP) performance outpaced NYSE Composite index

Tesla (NASDAQ:TSLA) was pressed by a group of Democratic lawmakers to defer its planned Austin robotaxi launch until September, when Texas's new autonomous-vehicle law takes effect. In a Wednesday letter, Austin-area legislators said delaying the debut would bolster public safety and foster community trust, urging Tesla CEO Elon Muskwho had tentatively eyed a launch this Sundayto submit detailed compliance plans for the incoming rules. The legislation, pending the governor's signature, will mandate operational permits for autonomous fleets, grant state authorities power to revoke them over safety breaches and require emergency-response protocols. Tesla's initial robotaxi fleet may include 1020 Model Y vehicles operating only in zones deemed safest, according to Musk's January announcement. Investors and analysts are closely watching the rollout, as much of Tesla's market valuation hinges on autonomous ride-hailing and humanoid roboticstechnologies yet to hit the road.

With TSLA shares flat over the past week, any regulatory hiccup could heighten skepticism around the timeline for mass adoption. Competing firms and legacy automakers are monitoring Texas's framework as a potential blueprint for future deployments. Why It Matters: A delay could push back revenue projections tied to ride-hailing services and shape investor expectations for Tesla's autonomy roadmap. This article first appeared on GuruFocus. View Comments

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations, and video (Content) is a service of Kalkine Media LLC., having Delaware File No. 4697309 (“Kalkine Media, we or us”) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.