Tesla's robotaxi service is currently operational and expanding, with the company actively hiring vehicle operators in new cities such as Chicago. Ark Invest projects that Tesla could capture a substantial share of the $10 trillion robotaxi market, citing the company's major data advantage. Research from Ark Invest highlights that Tesla's Austin factory alone could produce more vehicles in about nine days than the entire ride-hail fleet of urban Austin, excluding the planned annual production of 2 to 4 million Cybercabs. The robotaxi program is also growing in the San Francisco Bay Area, with more ride-hailing service invitations being sent out. Tesla has released an updated Robotaxi app that enhances user security by unlocking vehicles only via Bluetooth proximity. Meanwhile, Tesla's Model Y and Model 3 delivery times have increased by one week and now stand at five to six weeks, indicating robust demand. Tesla's stock is trading at $329, with analysts divided on the company's growth prospects amid the robotaxi rollout and potential risks from lawsuits and slowing demand.
New Tesla Robotaxi app update out now! Your Robotaxi will now arrive locked and only unlock when you walk up to it, with bluetooth. https://t.co/Yz4SKL6aqq
BREAKING: $TSLA SENDING OUT MORE ROBOTAXI INVITES 👀 The program is expanding ! https://t.co/WtWVhBYmLx
More Tesla Bay Area ride-hailing service invites going out: https://t.co/B2m5fwwJvf