"Tesla's Robotaxi Plans Under Scrutiny as Analysts and Regulators Express Doubts"

Tesla analyst Dan Ives believes that the focus should be on delivering the Model 2 rather than the Robotaxi, stating that fully autonomous cars may not be viable until 2030. Wedbush Securities emphasizes the importance of more affordable electric vehicles in the current market, with plateauing demand and concerns about EV prices and range anxiety. Elon Musk refuted reports of shelving the $25,000 EV and announced the unveiling of the Tesla Robotaxi, which will be similar to the $25,000 EV but without a steering wheel. Musk estimated that the next-generation vehicle production would start in the second half of 2025 at Giga Texas.