Tesla's autonomous taxi service is set to debut in Austin, Texas, in June, drawing significant market attention to its potential impact on short-term profitability and investor sentiment. At the earnings conference, Tesla CEO Elon Musk unveiled that the initial rollout will involve 10 to 20 Model Y vehicles equipped with the latest Full Self-Driving (FSD) software. The ambitious plan is to scale up this fleet to millions of vehicles by the end of 2026.
