Elon Musk slates launch of Tesla robotaxi service in Austin, Texas for June 22

Group 1 - Tesla is set to launch its long-awaited driverless robotaxi service in Austin, Texas, on June 22, although the date may change due to safety concerns [1][3] - The robotaxi feature aims to allow Tesla owners to turn their vehicles into temporary taxi services, similar to an Airbnb model, where owners can earn money while away [3][4] - The success of the robotaxi service is critical for Tesla's future business, which is expected to heavily rely on its robotics and artificial intelligence divisions [4][5] Group 2 - Analysts believe that the valuation upside for Tesla is significantly tied to the success of its autonomous vision, particularly with the upcoming launch in Austin [5] - Progress in Tesla's AI and self-driving technologies is estimated to be worth at least $1 trillion, with a potential market cap of $2 trillion by the end of 2026 [7] - Tesla currently holds a market cap of $1.5 trillion, making it the most valuable automobile company globally, despite facing competition from companies like BYD and Waymo [7][8] Group 3 - Tesla's robotaxi service will compete with existing services from companies like Waymo, which operates in several major cities, including Austin [8][9] - In China, companies like Baidu's Apollo Go and Pony AI have launched fully autonomous robotaxi services, with a significant fleet size [9]