Musk announces Tesla's Robotaxi to be unveiled on August 8

Elon Musk, Tesla and SpaceX founder

© APA | Elon Musk, Tesla and SpaceX founder

# 06 April 2024 01:21 (UTC +04:00)

Tesla Inc.'s CEO Elon Musk announced Friday that August 8 will be the date to unveil its long-awaited Robotaxi, APA reports citing BBN.

The announcement comes amid speculation about Tesla's strategic shift away from developing a $25,000 electric vehicle, previously dubbed the "Model 2," to focus more on innovation in self-driving capabilities. However, Musk himself denied the reports.

Following the news, Tesla's shares rose by 3.2% in after-hours trading in New York.