Tesla, Robotaxi and California
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Investor's Business Daily on MSNDow Jones Futures: Meta, Amazon, Fed, Trump Tariffs Ahead; Tesla 'Robotaxi' Set To Launch In San FranciscoMeta, Amazon and Microsoft lead an earnings wave, along with a Fed meeting and Trump tariff deadline. Tesla "robotaxis" are about to hit San Francisco, with a caveat.
On an event page for a "Tesla Diner SoCal Protest," the organizer, Tesla Takedown, points to Musk's handling of X, saying it boosts conspiracy theories and extremist views. The page also calls out Tesla's Full Self-Driving feature as "fraud."
Tesla is trying to expand its robotaxi service, which so far is only being tested in Austin, Texas, to additional markets.
The Texas-based EV manufacturer could be subject to punishment for its advertising practices in the Golden State.
This suit has been brewing for some time. The state DMV started investigating Tesla for possible misleading advertising in 2021 and then sent an official inquiry to the automaker roughly a year later.
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Tesla's registrations in the West Coast state fell more than 20% in the second quarter compared with the previous year, according to new data.
Tesla and its CEO Elon Musk are walking an increasingly difficult tightrope as the company navigates declining electric vehicle sales and an autonomous driving business that has yet to get off the ground.
Tesla's claims of automous driving may have convinced many buyers, but governments across the world are more sceptical of the technology.