Tesla has launched its first robotaxi service in Austin, but currently, rides still require supervision. CEO Elon Musk claims they are close to removing safety monitors, with fully driverless service expected in about three weeks. However, past projections have not been met, and expansion to new cities depends on regulatory approvals.

Tesla faces competition from Waymo and Baidu in the robotaxi space. Waymo operates truly driverless vehicles across multiple cities, while Baidu offers fully driverless service in China and internationally. Despite Tesla’s progress, it remains behind its early claims and faces challenges in achieving fully driverless robotaxis by the end of 2025.

Tesla’s stock performance has been underwhelming this year, with a forward price-to-sales ratio of 13.97 and a Value Score of D. The company’s earnings estimates have been revised over the past 90 days, and it currently holds a Zacks Rank #3 (Hold). Investors can access Zacks’ top 10 stock picks for 2026, set to be released on January 5, for potential high-performance opportunities.

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Read more at Nasdaq: Can Tesla Robotaxis Get Fully Driverless by the End of 2025?