• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Investing

Tesla expands robotaxi as Elon Musk predicts AI-led driving future

by May 18, 2026
written by May 18, 2026

Elon Musk said on Monday that fully self-driving vehicles operating without human safety monitors are expected to become more common across the United States later this year, following their introduction in Texas.

Speaking via video link at the Smart Mobility Summit in Tel Aviv, Musk said self-driving cars were already operating in Texas without safety monitors and that the service would expand nationwide this year.

Tesla pushes ahead with robotaxi plans

Tesla, which has faced slowing vehicle sales, currently operates robotaxis in Austin, Dallas, and Houston.

Last November, the company received a permit to operate a ride-hailing service in Arizona.

Musk, who has made a series of ambitious predictions regarding autonomous driving technology over the past decade, many of which have failed to meet his projected timelines, said he still expects self-driving technology to become dominant within the next 10 years.

“Five years from now and certainly 10 years from now probably 90% of all distance driven will be driven by the AI in a self-driving car,” Musk said.

“So overwhelmingly, it’ll be quite a niche thing in 10 years to actually be driving your own car,” he added.

Safety concerns remain in focus

The comments come as autonomous driving technology continues to face regulatory and safety scrutiny in the United States.

Earlier this month, Tesla recalled 218,868 vehicles in the US after delayed rearview camera images were found to increase crash risks, according to the National Highway Traffic Safety Administration.

Meanwhile, Waymo, owned by Alphabet, recalled around 3,800 robotaxis in the United States last week after identifying a risk that vehicles could enter flooded roads with higher speed limits.

The issue raised additional concerns surrounding the safety and reliability of autonomous vehicle systems as companies accelerate commercial deployments.

SpaceX and Neuralink projects highlighted

During the summit, Musk also discussed developments at SpaceX and Neuralink.

He said SpaceX was close to developing reusable rocket launch systems capable of significantly reducing the cost of space travel.

“We might succeed in doing that this year,” Musk said.

Musk also said Neuralink plans to carry out its first implant using the company’s Blindsight device later this year.

The device is intended to help people born without sight or with impaired vision.

“It will give them initially limited vision, but I think over time very precise vision, perhaps super, super human vision,” Musk said.

He added that the company was also working on technology aimed at enabling paralysed individuals to walk again.

Musk predicts rise of humanoid robots

Musk further stated that humanoid robots could become widespread within the next decade.

According to him, increased productivity from robots could help drive economic growth and lead to what he described as universal high income.

“You need to build a brand on a vision, but also be willing to adapt to the changing environment, whether it’s external or internal,” Musk said during the discussion.

The post Tesla expands robotaxi as Elon Musk predicts AI-led driving future appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Dow futures plunge 370 points: 5 things to know before market opens
next post
ServiceNow stock flashes a death cross amid rising SaaSpocalypse concerns

related articles

ServiceNow stock flashes a death cross amid rising...

May 18, 2026

Dow futures plunge 370 points: 5 things to...

May 18, 2026

Top catalyst for S&P 500, VOO, and SPY...

May 18, 2026

Xpeng starts mass robotaxi production in Guangzhou

May 18, 2026

Top catalysts for the FTSE 100 Index this...

May 18, 2026

European shares fall as oil prices surge amid...

May 18, 2026

TVS Venu Group to acquire 5.64% stake in...

May 18, 2026

Evergrande liquidators seek $8.4 billion from PwC over...

May 18, 2026

Here’s why DAX, CAC 40, FTSE 100, and...

May 18, 2026

Nvidia stock is in red before earnings: buy...

May 18, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • ApeCoin and Akita Inu: ApeCoin in bullish consolidation

    August 7, 2024
  • White House says ‘range of options,’ including US military, on table as Trump renews push to acquire Greenland

    January 6, 2026
  • Former VP Pence vows to be a ‘voice against’ Trump when president veers from ‘conservative agenda’

    May 5, 2025
  • New whistleblower claims on first Trump assassination attempt ‘highly damaging’ to Secret Service: Hawley

    September 16, 2024
  • Cities that canceled Columbus Day could lose federal funds under new GOP bill

    October 13, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,507)
  • Investing (2,579)
  • Stock (1,028)

Latest Posts

  • Epstein files debacle spurs new interest in contents of promised RFK, MLK assassination files

    February 28, 2025
  • Trump has his own deadline, ‘no allegiance to anybody’ in Ukraine-Russia peace deal

    April 24, 2025
  • Pentagon fires Greenland US base commander who ‘undermined’ JD Vance after Pituffik visit

    April 11, 2025

Recent Posts

  • Conservatives rally around ‘revival’ message after Kirk’s murder, slam Dems for violent George Floyd riots

    September 24, 2025
  • From Biden’s ‘war’ on gas prices to ‘small price to pay,’ GOP shifts tone as Iran conflict hits pumps

    March 13, 2026
  • US ally summons Trump ambassador over ‘unacceptable’ antisemitism allegations

    August 25, 2025

Editor’s Pick

  • GM lays off more than 1,000 salaried software and services employees

    August 20, 2024
  • Conservatives rally around Trump after meeting with Zelenskyy goes off the rails: ‘Absolute dumba–‘

    February 28, 2025
  • Former Hamas hostage Naama Levy breaks silence in first message since her release

    January 28, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock