Tesla's long-anticipated Robotaxi rollout in Austin has not gone as planned, immediately leading to negative press and a decline in stock value. Initially, the stocks rose, but recorded a significant drop of over four percent as videos surfaced showing the autonomous vehicles breaking traffic laws and behaving erratically. The National Highway Traffic Safety Administration is now investigating these incidents. Investors, surprised by the presence of human safety monitors in the cabs, express concern over the implications for Tesla's market lead in autonomous vehicles.
Tesla's rollout of Robotaxis has faced major setbacks, with stock dropping over 4% after videos showed erratic behavior and traffic law violations.
The inclusion of human safety monitors in the Robotaxi deployment surprised many investors who were expecting a fully autonomous demonstration.
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