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Tesla officially launches Robotaxi service with no driver

  • Tesla has officially launched its Robotaxi service platform in Austin, Texas, allowing driverless rides for the public.
  • The service is geofenced in a small portion of South Austin prioritizing safety through safeguards.
  • Rides are fixed-price at $4.20 initially, but fares will vary based on factors like distance in the future.
  • Rides are accessed via the Tesla app with passengers having access to personal media settings in the vehicle.
  • A Tesla safety monitor sits in the passenger seat during rides but doesn't control the vehicle.
  • The launch of Robotaxi will open new revenue streams for Tesla, potentially creating significant value.
  • The service marks a milestone in Tesla's journey towards autonomous driving technology.
  • Permabulls like Cathie Wood and Dan Ives have long anticipated the launch of a driverless Robotaxi fleet by Tesla.

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