Tesla(US:TSLA) Huan Qiu Wang·2025-05-21 08:06Group 1 - Tesla CEO Elon Musk confirmed the launch of autonomous taxi service in Austin, Texas by the end of June, with plans to expand to Los Angeles and San Francisco thereafter [1][2] - The initial fleet in Austin will consist of approximately 10 vehicles, with plans to scale up to thousands if the launch goes smoothly and without incidents [2] - The autonomous taxis will be based on the upcoming Full Self-Driving (FSD) version of the Model Y, utilizing a camera-based system and computer vision rather than expensive lidar and radar sensors [2] Group 2 - Tesla will implement "geofencing" to restrict the driving range of the Model Y in Austin, with no human safety driver in the vehicle, but remote monitoring by Tesla employees [2] - Musk addressed the decline in electric vehicle sales, attributing it to the company's restructuring of factories for the updated Model Y, but noted a significant rebound in demand without providing specific figures [2]