Tesla has obtained a crucial permit for its Robotaxi program, moving closer to real-world deployment. The EV giant began its ambitions in Texas with a pilot in Austin and has since expanded its testing. Competition is fierce, with Google’s Waymo leading in the US and Uber taking a different approach. Analysts predict explosive growth in the robotaxi industry, with Goldman Sachs projecting a 90% CAGR by 2030. Tesla’s success in the robotaxi space is critical for its long-term valuation, according to ARK Invest. The recent breakthrough in Texas aligns with upcoming regulatory changes and marks a significant step towards a driverless future.

Read more at Yahoo Finance: Tesla just got its biggest break yet in the robotaxi wars with a key permit