Tesla CEO Elon Musk Announces FSD Upgrades and Delayed Robotaxi Rollout
Tesla CEO Elon Musk announced that older vehicles will require hardware upgrades to access full self-driving (FSD) technology, while also delaying the robotaxi rollout. The company raised its capital expenditure guidance, signaling potential challenges in scaling autonomous capabilities. The news led to a 3.6% drop in Tesla's stock price.
Tickers: $TSLA
Topics: capital expenditures earnings call Elon Musk FSD robotaxi Tesla