US politicians have urged Tesla to reconsider its launch plans for the highly-anticipated robotaxi service, citing concerns over safety and regulatory compliance. Democratic lawmakers in Texas are leading the charge, calling on the company to delay its launch until more stringent safety protocols are in place.
The group of lawmakers is primarily concerned about the lack of clear guidelines for autonomous vehicles operating in commercial environments, which could put drivers at risk. They also question Tesla’s ability to adequately address potential technical issues with its self-driving technology.
Tesla’s robotaxi service has been a highly anticipated development in the company’s expansion into new revenue streams. However, critics argue that the company is moving too quickly to roll out the service without ensuring it meets necessary safety standards.
The news has sent shockwaves through Tesla’s stock price, which has taken a hit despite the company’s growing financial momentum. Analysts point out that the issue goes beyond just regulatory compliance and highlights a bigger problem – Tesla’s ability to deliver on its promises while prioritizing growth over safety concerns.
Source: https://www.barrons.com/articles/tesla-stock-robotaxi-launch-iran-israel-fed-813938cb