Musk relies on robotaxis: Does the turn for Tesla come after the decline in profits?
Musk relies on robotaxis: Does the turn for Tesla come after the decline in profits?
In the face of falling sales figures and a sunken profit, Elon Musk relies on an ambitious robotaxi offensive at Tesla. The charismatic CEO announced that the company would like to offer autonomous trips for half of the US population by the end of next year, provided that the official permits are green. According to Freie Presse shrank in the last quarter in a worrying extent: The profit fell by 16 percent $ 1.17 billion and sales by $ 12 percent to around $ 22.5 billion.
The ambitious plans for the introduction of the Robotaxi model "Cybercab" are part of Musk's strategy to get Tesla back on track. The entrepreneur said that at least two million of these vehicles should be built annually - at best even four million. "This is my best possible estimate," said Musk. However, the production line for the Cybercab is not to start in a larger scale until 2026. Until then, the current models have to continue to convince, whereby each electric car from Tesla can theoretically drive, reports
The outlook for Tesla
On the stock market, Musk's announcements during a telephone conference ensured a small recovery when the Tesla share rose by about 12 percent in post-market trade. Ultimately, however, the prospects for the future remain uncertain, especially since the current US electric car sub-subsidies of $ 7,500 should bring further uncertainties with the course of September 2025. Musk plans to bring self -driving cars onto the streets in Texas and California in the coming months and hopes for a nationwide regulation for the approval of autonomous cars.
Developments around Tesla and the Robotaxi offensive are under a sharp view of investors and consumers. It remains to be seen whether Musk can actually create the turning point with his plans. But one thing is certain: the challenge is great and the market is now demanding results.
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