Elon Musk Announces August 8 Unveiling of Tesla's "Robotaxi"

Elon Musk announced on X that Tesla will unveil its robotaxi this summer, specifically on August 8. Musk has previously mentioned Tesla's progress in developing self-driving electric cars and his intention to produce a model without human controls. The announcement led to a rise of over three percent in Tesla shares during after-market trades. While the exact nature of the robotaxi reveal is not clear, it is anticipated that it could potentially earn money for its owners by providing taxi services autonomously.