Tesla, California and Robotaxi
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Tesla doesn't have the permits to run an autonomous vehicle taxi in California, but probably nothing stops a driver-assist based taxi.
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."
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Investor's Business Daily on MSNDow Jones Futures: Meta, Amazon Lead Earnings Wave, Trump Trade Talks Due; Tesla 'Robotaxis' To Launch In San FranciscoMeta, Amazon and Microsoft lead an earnings wave, along with a Fed meeting and Trump tariff talks. Tesla "robotaxis" are about to hit San Francisco, with a caveat.
Outside of businesses, people, too, have been leaving California at a high rate. US Census data from October 2024 showed nearly 700,000 people left California between 2022 and 2023. Lifestyle and affordability were the main factors for moving elsewhere.
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.