Elon Musk has announced that Tesla will roll out its own robotaxi this summer. In an X post, the entrepreneur said he would unveil the car on Aug. 8.
Musk previously has said autonomous vehicles would be more popular than human-driven cars. However, Tesla’s Full Self-Driving Capability, which is not fully autonomous, has shown that it’s been a longer road for full implementation for the company.
In published reports this week, Tesla settled with the family of a Silicon Valley engineer who was killed when his FSD-equipped car crashed into a highway barrier.
Musk’s autonomous vehicle announcement came on the same day that Reuters reported his company nixed plans to build a Tesla in the $25,000 range. According to published reports, Musk told company employees that he wanted to focus on autonomous vehicles, rather than building a mass-market EV.
The road to fully autonomous vehicles hasn’t been cheap—as Musk admitted to spending more than $10 billion on self-driving projects, including training: