Musk Confirms Tesla's Robotaxi Event is Pushed Back
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In a report that originally appeared from Bloomberg, it was claimed that Tesla will be delaying its much-anticipated 8/8 Robotaxi event by two months to October 2024.
While sources other than Bloomberg hadn’t confirmed the report at the time. Musk has now announced the delay on X.
Tesla’s stock dropped nearly 8.5% on the day of Bloomberg’s article, but this delay is only a couple of months and doesn’t change Tesla’s strategy. The drop in Tesla’s stock ended back-to-back gains over the previous two weeks. It had hit a high of $270 earlier in the day before the news broke.
Update: Musk just took to X a few minutes ago to confirm that the event is delayed. Although he didn’t provide a new timeline, it appears that it may indeed be October according to the original Bloomberg article. What Musk did reveal in his post is why it’s being delayed. Musk said he requested an important design change to the front of the vehicle. It’s not clear what the change is or whether it’s completely cosmetic or plays a more important role, possibly having to do the front camera or the additional of additional cameras.
Musk went on to say it also gives Tesla some extra time to show off a “few other things.” With Musk commenting on the situation and the design change, he basically confirms what we already expected, that Tesla will be showing off the robotaxi vehicle at the event. If you’re curious about what the vehicle will look like, take a look at Rimac’s robotaxi to get an idea of what to expect from Tesla’s version.
Requested what I think is an important design change to the front, and extra time allows us to show off a few other things
— Elon Musk (@elonmusk) July 15, 2024
Why the Delay?
The delay – of approximately two months – has been communicated internally, but not publicly announced just yet. Bloomberg goes on to mention that the design team was told to rework certain elements of the Cybercab, necessitating the delay.
If Bloomberg’s report is correct, it sounds like Tesla’s unveil event will be largely focused on showing off the vehicle, instead of demoing how it will work. Of course, it could still be both, but given past events, Tesla has always shown off the vehicle years before it hits production.
Rimac recently showed off their version of robotaxi vehicle named Verne, and surprisingly, it could almost pass for Tesla’s own robotaxi. A lot of design cues in Rimac’s version are elements we have already seen or expect to see in Tesla’s autonomous taxi.
A recent Tesla patent revealed that Tesla is incorporating a sanitation system into their robotaxi that will be responsible for analyzing and cleaning the vehicle’s interior, although the delay itself is likely tied more to a physical feature rather than software.
Another element we know almost nothing about is how Tesla plans to charge these robotic taxis. Will they rely on the existing charge port and adapt a solution like the robotic charging arm (video below) we saw almost eight years ago, or will wireless charging or a dock finally become realized?
While the delay for Tesla’s event appears to be related to the vehicle’s design itself and not further development of FSD, Tesla is wasting no time in getting FSD working for the upcoming vehicle. Model 3 vehicles have already been spotted with camera locations that resemble a robotaxi.
Is the Delay Accurate?
We expect that this delay might actually be true – Elon Musk usually takes to X within hours of such news breaking if it's false to refute it and hasn’t done so yet.
Tesla has delayed several of their events in the past, and a delay of a couple of months seems plausible. We should hear from Musk himself soon on whether this report is accurate.
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