Since 2016, Musk has been promising Tesla investors, customers and fans that the company is about a year away from delivering a self-driving car that’s capable of transporting passengers safely without human interventions, or a human at the steering wheel. However, Tesla does not yet offer a vehicle safe to use without human supervision.

Musk believes that it’s prudent for them to start with a small number, confirm that things are going well and then scale it up. To start, Tesla has said its robotaxis will be Model Y vehicles equipped with a forthcoming version of FSD, or full self-driving, known as FSD Unsupervised.

In April, Tesla reported a 20% drop in automotive revenue and a 71% decline in net income for the first quarter of 2025. The stock has had a volatile start to the year, and is down 15% year to date. Hopefully robotaxis will be the favable catalyst to drive Tesla to be back on track.

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