Musk's Robotaxi Push Heats Up. Will It Make or Break Tesla's Future?
It's been a tough past year or so for Tesla (TSLA -6.72%) operationally. Its core electric vehicle (EV) business has been struggling. Automotive revenue dropped 20% year over year in the first quarter. Meanwhile, deliveries have now fallen for two straight quarters, including a 14% decline in the second quarter. Tesla is dealing with issues on multiple fronts. In China, the world's largest EV market, it is seeing rising competition from local automakers. The same is also true in the U.S.CEO Elon Musk also i ...