<div id="readability-page-1"><p>Tesla's (TSLA) eagerly awaited robotaxi launch in Austin may hit the brakes—at least for now. A group of Texas lawmakers is urging the EV giant to postpone the rollout, citing safety concerns and calling for more preparation. In a letter addressed to Tesla, seven Austin-based legislators said delaying the launch until September would be in the &#34;best interest of public safety,&#34; potentially giving the company a strategic pause amid mounting scrutiny.</p><h3>Confident Investing Starts Here:</h3><ul><li> Easily unpack a company's performance  with TipRanks' new KPI Data for smart investment decisions </li><li> Receive undervalued, market resilient stocks right to your inbox  with TipRanks' Smart Value Newsletter </li></ul> <h2><strong>What are the Lawmakers Demanding?</strong></h2> <p>Right now, lawmakers aren't demanding that Tesla delay the robotaxi launch. Instead, they're making a polite request for the company to wait until the new rules officially take effect in September.</p> <p>In their letter, they added, that if Tesla chooses to move forward with the June 22, 2025 launch, the company should provide a detailed response outlining how it will ensure full compliance with the new legislation when driverless operations begin in Austin.</p> <p>Texas has historically placed minimal restrictions on autonomous driving, and the new law mostly keeps things that way. However, it does add some structure, like requiring companies to follow federal safety guidelines and referencing recognized self-driving levels defined by the Society of Automotive Engineers (SAE).</p> <h2><strong>What This Means for TSLA Investors</strong></h2> <p>Tesla's upcoming robotaxi launch is under the spotlight as the company shifts focus from slowing EV sales to self-driving technology. A smooth debut could boost investor confidence and unlock new revenue streams, though regulatory and safety challenges still pose risks.</p> <p>For investors, the new Texas law introduces a layer of regulatory clarity that could benefit Tesla in the long run by aligning its robotaxi plans with federal standards. However, the request by lawmakers to delay the June 22 launch adds short-term uncertainty, which may weigh on sentiment. If Tesla proceeds without addressing safety concerns, it could face reputational or legal risks.</p> <h2><strong>Is Tesla Stock a Buy Right Now?</strong></h2> <p>According to TipRanks, TSLA stock has received a Hold consensus rating, with 14 Buys, 12 Holds, and nine Sells assigned in the last three months. The average Tesla stock price target is $286.14, suggesting a potential downside of over 12% from the current level.</p> <figure><img width="902" height="678" src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2025/06/Picture-1-66.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2025/06/Picture-1-66.png"/></figure> <p>See more TSLA analyst ratings</p> <p>Disclaimer &amp; Disclosure</p><p>Looking for a trading platform? Check out TipRanks'                         Best Online Brokers                       guide, and find the ideal broker for your trades.</p>Report an Issue</div>

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<p>Tesla's robotaxi launch in Austin may be delayed due to safety concerns raised by Texas lawmakers. They are urging the company to postpone the rollout until September, allowing for better preparation and compliance with new regulations. While the new law provides regulatory clarity, the request for a delay introduces short-term uncertainty for investors. Currently, TSLA stock holds a Hold consensus rating, with a potential downside of over 12% from its average price target of $286.14.</p>

- Texas lawmakers are urging Tesla to postpone its robotaxi launch in Austin due to safety concerns, suggesting a delay until September.  
- The lawmakers request that if Tesla proceeds with the June 22 launch, the company must outline compliance with new legislation regarding autonomous driving.  
- While the new Texas law provides regulatory clarity that could benefit Tesla, the request for a delay introduces short-term uncertainty, potentially impacting investor sentiment.

Tesla Robotaxi Launch Delay Could Be in 'Best Interest of Public Safety'