Robotaxi

Tesla has reduced the minimum age for riders on its Robotaxi service to 8 years old, down from 13. Riders between 8 and 17 years old must be accompanied by a parent, legal guardian, or other authorized adult throughout the ride. The change was reported on March 27.

March 24, 2026 Reported by AI

Guangzhou-based WeRide plans to deploy self-driving taxis and buses on Hong Kong streets this year, while launching Robotaxi GXR services in Singapore on April 1 through Grab. Passengers will be able to hail vehicles via the Grab app, with a safety operator on board initially to comply with local regulations.

Tesla has increased the base fare for its Robotaxi service in Austin, Texas, to $3.25, while keeping the per-mile rate at $1.00. This adjustment makes short trips more expensive compared to previous pricing. The change aims to address long wait times by discouraging very brief rides.

March 05, 2026 Reported by AI

Bank of America analysts have recommended buying Tesla stock, forecasting a price of $460 per share driven by the company's advancements in robotaxis and autonomous driving. This outlook comes despite a decline in Tesla's 2025 vehicle sales, as the firm highlights the potential for robotaxis to account for more than half of the company's valuation. The projection implies about 13% upside from recent trading levels around $402 to $406.

Tesla reported a 17% year-over-year decline in European vehicle sales for January 2026, marking the 13th consecutive month of drops, while rival BYD saw a 165% increase. The company faces skepticism over its robotaxi expansion timelines, with prediction markets pricing key milestones as unlikely. Analysts remain divided, with price targets ranging from $25 to $600.

February 24, 2026 Reported by AI

Waymo launched driverless taxi operations in Dallas, Houston, San Antonio, and Orlando on February 24, 2026, bringing its total to 10 cities. The service initially opens to select riders in these areas. Meanwhile, competitor Tesla operates driverless robotaxis in zero cities.