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Tesla’s Robotaxi Plans Heighten Production Risks
Tesla CEO Elon Musk announced during a recent earnings call that the company is accelerating production based on expectations of success with robotaxis and achieving unsupervised full self-driving (FSD) technology. By the end of 2023, Tesla plans to expand its robotaxi rollout from Austin and the San Francisco Bay Area to Nevada, Arizona, and Florida.
Musk stated, “I feel like we’ve got clarity,” which informs their decision to expand operations rapidly, including the anticipated production of the Cybercab due to begin in the second quarter of 2026. CFO Vaibhav Taneja indicated a significant increase in capital spending, projected to rise from $9 billion in 2025 as the company prepares for growth, particularly in artificial intelligence and robotics.
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