The permit would be required for Tesla to advance to autonomous cabs. Chief Executive Elon Musk has long made clear his ambitions for a robotaxi service powered by Tesla vehicles, though his ...

More than a year later, Cruise’s parent company General Motors decided to discontinue its investment in the robotaxi program after spending over $10 billion since acquiring it in 2016.

Tesla (TSLA) has officially obtained a permit in California to operate an internal fleet for a ride-hailing service, but it’s not for robotaxi yet. In fact, the automaker hasn’t even applied ...

Tesla stock fell 15.4% in price on Monday, following weeks of bearish trading. The catalyst for the selloff was a string of weak delivery reports. Investors hope that the Robotaxi will turn Tesla ...