Tesla's Automotive Revenue Dips 16%, Robotaxi Service Kicks Off in Austin
Summary
Tesla's automotive revenue drops 16% as sales slump, Elon Musk warns of 'rough quarters' ahead due to tariff costs and tax credit expiration, while robotaxi service kicks off in Austin with broader rollout planned by year-end.
Key Points
- Tesla reports 16% decline in automotive revenue as sales fall for second straight quarter
- Elon Musk says Tesla could face 'rough quarters' due to higher tariff costs and expiration of EV tax credits
- Tesla begins testing robotaxi service in Austin, aims for broader rollout by year-end pending regulatory approvals