Tesla expands robotaxi service to Orlando, Tampa ahead of earnings
Tesla has expanded its robotaxi service to Orlando and Tampa this week. This move aims to prove the company can scale its autonomous ride-hailing business. The expansion comes as Tesla prepares to report its second-quarter earnings to investors. T...

The move comes a day before Tesla reports second-quarter earnings, with Wall Street closely watching the progress on robotaxis, which underpin much of the company's valuation as CEO Elon Musk shifts focus toward artificial intelligence, autonomous driving and humanoid robots.
Tesla launched its robotaxi service in Austin in June last year and expanded to Dallas and Houston earlier this year and Miami this month. The company has also been conducting supervised testing in California's San Francisco Bay Area.
Investors have questioned the pace of the rollout after Tesla missed several expansion targets. In response, Musk has said the company was deliberately taking a cautious approach, and that rigorous safety testing was the main constraint to faster deployment of the service.
Unlike rivals such as Alphabet-owned Waymo, which relies on lidar sensors, Tesla's robotaxi system uses cameras and AI-based software to navigate. Tesla plans to eventually deploy its purpose-built Cybercab vehicle, which does not have pedals or a steering wheel.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.