Texas lawmakers are urging Tesla to delay robotaxi launch in Austin due to safety concerns

From Financial Modeling Prep: 2025-06-19 10:59:00

Texas Democrats are urging Tesla (TSLA) to delay its robotaxi launch in Austin until new autonomous vehicle regulations take effect in 2025. CEO Elon Musk plans to start with 10 vehicles by June 22, but legislators stress the importance of safety and public trust before full autonomous operations.

The new autonomous driving law in Texas will bring stronger safety provisions, requiring Tesla to outline compliance plans if it proceeds with the June launch. Despite Democratic pressure, the current legislation allows autonomous vehicles to operate with basic insurance and registration requirements.

Investors can track Tesla’s financial health amidst the robotaxi rollout by using the Full Financial as Reported API. Monitoring capital expenditures and earnings reports, especially ahead of quarterly results, provides insight into the impact of new technology on Tesla’s overall financial performance.



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