Tesla’s robotaxis are operating without safety monitors in Austin, with FSD software potentially gaining approval in Europe. The robotaxi market is projected to grow at 99% annually through 2030, with autonomous vehicle sales potentially reaching $3 trillion by 2040. CEO Elon Musk anticipates releasing the humanoid robot Optimus to the public by late 2027, aiming to add $20 trillion to Tesla’s market value.

Despite losing market share in electric cars, Tesla is focusing on robotaxis and robots. The company’s autonomous ride-sharing service in Austin operates without a safety monitor, leveraging camera-only technology for navigation. Tesla plans to expand its service to new markets and compete with rivals like Waymo, who use lidar sensors.

Tesla’s full self-driving (FSD) service may soon launch in Europe, with potential approval in the Netherlands by February 2026. This move could open up new revenue streams for Tesla, as Morgan Stanley predicts autonomous car sales could reach $3.3 trillion annually by 2040. Additionally, Musk hinted at the possibility of approval for FSD in China around the same time.

Elon Musk’s ambitious vision for Tesla’s humanoid robot Optimus includes a potential public release by late 2027. The robot could significantly impact Tesla’s market value, with Musk predicting it could account for 80% of the company’s valuation. Despite risks, Tesla’s foray into physical AI could be a lucrative opportunity, with the humanoid robot market projected to grow to $1.2 trillion by 2040.

Read more at Nasdaq: Tesla Stock Investors Just Got Good News From CEO Elon Musk About Robotaxis and Robots