Elon Musk's Tesla Teases FSD Capabilities Ahead Of June Robotaxi Event
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Tesla Inc. is promoting its Full Self-Driving (FSD) technology ahead of the upcoming Robotaxi launch in Austin, Texas. A video demonstrated a Tesla navigating traffic using Supervised FSD. However, the U.S. Patent and Trademark Office denied trademarks for "Robotaxi" and "Cybercab." Tesla is facing challenges with a 13% drop in deliveries and extended breaks for employees. Despite these issues, analysts remain optimistic about Tesla's future due to increasing EV adoption. TSLA shares rose 7.41% in pre-market trading, valued at $320.35.
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