Tesla's robotaxi service appears slated to kick off as scheduled, at least according to Elon Musk. On Tuesday, the CEO shared on X that the launch is "tentatively" slated for June 22 in Austin, Texas.

The CPI gives the latest update on consumer inflation, President Trump’s trade team is back from talks with China and Tesla CEO Elon Musk sets the stage for the debut of the long awaited robotaxis. FOX Business is providing real-time updates on the markets,

Specifically, Musk wants to parlay Tesla's automobile business into a full-fledged robotaxi operation. The prospects of Tesla disrupting ride-hailing, delivery services, and even

The car service will be geofenced to Austin using Level 2 autonomous driving, meaning it still needs human supervision behind the wheel.

Tesla shares have surged in anticipation of the launch of the company's robotaxi service in Austin, Texas, this week. Goldman Sachs says Tesla has advantages in the AV market, but questioned its ability to meet CEO Elon Musk's targets.