<ul data-eligibleForWebStory="true"><li>Tesla, under the leadership of CEO Elon Musk, is entering the robotaxi industry with the official launch of its service.</li><li>Musk mentioned that the robotaxis will start operating in Austin, Texas, with a flat fee of $4.20 for customers.</li><li>This move will position Tesla to compete with Waymo, the current leader in the autonomous taxi industry.</li><li>Waymo has conducted 10 million paid rides and operates in several major cities, including Austin where Tesla will debut.</li><li>Amazon, through the acquisition of Zoox, is also venturing into the industry and plans to produce 10,000 robotaxis annually.</li><li>While Amazon and Zoox are planning to start services in Las Vegas this year and San Francisco next year, they are not as advanced as Waymo and Tesla.</li><li>Elon Musk's announcement marks a significant development in the autonomous vehicle industry.</li></ul>

Elon Musk Announces Launch of New Business Venture

Discover more