Tesla, Elon Musk and Trump
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Bloomberg reported that the launch would be July 12th. But Tesla never confirmed it, and now Musk is saying the long-awaited robotaxi service will “tentatively” kick off in Austin, Texas on June 22nd.
Last week, a social media post from Elon Musk caused many people to stop what they were doing and look down at their phones. Even for the Tesla (TSLA) CEO, known for his controversial and bold opinions,
Tesla faces an existential test this month as it aims to launch self-driving “robotaxis” in its home base of Austin, Texas, where public-safety officials are increasingly concerned about the state’s anti-regulation stance toward autonomous vehicles.
Tesla stock traded higher early Wednesday as shares continue to recover from last week's sell-off with the feud between Elon Musk and President Trump cooling down.
ISeeCars.com – trackers of used-car sales — says the average price paid for a used Tesla was down 8% to $30,708. The next most significant price drops were Chrysler, off 7% to $25,632, Dodge, off 6% to $33,763, Genesis, off 5% to $33,769, and Maserati, off 5% to $43,821.
US President Donald Trump and billionaire entrepreneur Elon Musk seem to have buried the hatchet on Wednesday after the latter publicly apologised for their spat. Elon Musk posted on X, “I regret some of my posts about President @realDonaldTrump last week. They went too far.”
Elon Musk has taken steps to restore his relationship with President Trump and surrender, saying he regrets some of his comments during their feud.
Elon Musk's Tesla Inc. (NASDAQ: TSLA) is facing a new challenge to its revenue model, which could have significant implications for the electric vehicle (EV) maker.