Elon Musk announced plans for Tesla to launch a paid robotaxi service in Austin this summer.Musk said expanding the service to allow Tesla owners to rent out their own vehicles is expected next year.Musk said he expects the robotaxi service to be available in additional US cities by the end of the year.

Tesla Inc (NASDAQ: TSLA) is keeping in the green this morning even though it reported a 71% decline in net income for its fourth financial quarter. But not everyone is as optimistic about the EV stock.

Waymo said it is launching fully driverless robotaxi rides for employees in Atlanta, an important step before the company opens the service up to members

A more favorable federal regulatory and legislative environment may help propel the growth of driverless ride-hailing vehicles in the United States.

The claim of the vehicles driving around, carrying passengers with no driver behind the wheel by June borders on ridiculous. The numbers just don't back it up

Musk claims Tesla will operate a fleet of taxis akin to Waymo's rideshare operation.

Brooks said the Center for Auto Safety does not anticipate Musk being able to launch his robotaxi this year, saying other self-driving robotaxi makers like Waymo are way ahead of Tesla’s technology and have additional sensors to support the vehicles.

Waymo plans to start testing autonomous vehicles in 10 new cities this year, starting with Las Vegas and San Diego, according to The Verge. However, this

Tesla’s weak revenue growth and high P/E ratio signal overvaluation. See why TSLA stock is facing pressure amid competition and stagnant vehicle sales.

Tesla is planning to launch more electric cars this year, including some cheaper ones, according to its latest investor relations report. It’s likely the new cars will include variants of existing models,

One analyst warns of the potential for even more pressure on automotive gross margins. But another says moonshot ventures finally look poised to take off.