The Upcoming Robotaxi Could Make or Break Tesla, but Not for the Reasons Musk Thought

Amid contradictory rumors about Tesla's Gen-3 program, Elon Musk announced that the EV maker will unveil a robotaxi on August 8. The announcement took many by surprise, but few believe that Tesla will be able to launch a driverless car soon. Far from relieving investors, the announcement could thrust Tesla shares to new lows. Last year, Tesla used Investor Day to announce bold plans to produce an affordable electric car that would se... (continue reading...)