From Nasdaq.: 2025-05-29 18:15:00

Tesla is testing fully autonomous Model Y vehicles in Austin, Texas, with no driver. The tests are going smoothly, and the first driverless delivery is expected in June, ahead of schedule. The company plans to start with 10 to 20 robotaxi-ready units, aiming to launch the service on June 12.

The driverless testing is part of Tesla’s efforts to establish itself in the autonomous vehicle market. The success of these tests could position Tesla as a disruptive force in the ride-hailing industry. This development has caused Uber and Lyft shares to fall, as investors worry about Tesla’s potential to erode their market dominance.

Analysts caution that while Tesla’s progress in autonomous technology is significant, it could threaten traditional ride-hailing business models in the long term. The future of autonomous vehicles is still evolving, but Tesla’s advancements could have a lasting impact on the industry.



Read more at Nasdaq.: Tesla Begins Driverless Model Y Testing In Austin Ahead Of Anticipated Robotaxi Launch