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Everything we know about Tesla's robotaxi launch in Austin
TeslaTesla(US:TSLA) CNBCยท2025-06-20 14:16

Core Insights - Tesla is set to launch its long-awaited robotaxi service in Austin, Texas, on June 22, with the first driverless trip expected on June 28, coinciding with Elon Musk's birthday [1][3] - The initial rollout will feature a limited number of Model Y vehicles, with rides available by invitation only in a geofenced area [2] Company Strategy - Musk has emphasized starting with a small fleet of 10 vehicles to ensure operational success before scaling up the service [3][4] - Analysts believe that the successful deployment of robotaxis could significantly enhance Tesla's market capitalization, potentially reaching over $2 trillion by the end of next year, effectively doubling its current value [4] Market Potential - There is a strong belief among analysts that Tesla has the potential to dominate the autonomous vehicle market and may license its technology to other automotive companies globally [5]