Tesla(US:TSLA) New York Post·2025-06-30 16:37Core Insights - Tesla has achieved its first-ever driverless car delivery, marking a significant milestone for the company amid a sales slump [1][4] - The delivery involved a Model Y SUV that autonomously drove approximately 30 minutes to reach its new owner without any human intervention [1][3] - The vehicle reached a maximum speed of 72 miles per hour and is identical to other Model Y units produced at Tesla's factory [3] Company Performance - Tesla's stock has declined over 15% since the beginning of the year, with shares down about 1% in early trading following the driverless delivery announcement [4] - The company is facing increased competition from Chinese electric vehicle manufacturers like BYD in key markets such as Europe and China [4] Technological Developments - The driverless delivery occurred shortly after the launch of Tesla's Robotaxi service in Austin, which has received mixed reviews regarding its adherence to local traffic laws [7][8] - Tesla's AI chief stated that the company randomly selected a customer for the delivery, emphasizing the vehicle's standard production quality [3] Market Potential - Elon Musk has projected that autonomous driving technology could potentially add $5 trillion to $10 trillion to Tesla's market capitalization by transforming its vehicles into a productive fleet [9] - Tesla is in direct competition with companies like Waymo in the self-driving car sector [9]