Despite missing profit estimates, Tesla plans to launch a long-promised robotaxi business, aiming to revitalize vehicle sales after a year of decline.
The carmaker expects to start offering a paid service in June to use self-driving Teslas that won’t rely on humans supervising the steering wheel, Chief Executive Officer Elon Musk said Wednesday. The company’s shares shook off an initial drop in reaction to quarterly profit that missed estimates, rising as much as 4.1% before the start of regular trading Thursday
