Elon Musk goes all in on robotaxis

For several months now, Tesla’s sales have been plummeting, a decline that many blame on the erratic behavior of its CEO, his controversial political stances, and increasingly fierce competition in the electric vehicle market.

After neglecting the company for a time in favor of his role in the Trump administration, Elon Musk is back at the helm of Tesla.

The billionaire now hopes to avoid a Tesla collapse by focusing all the company’s operations on the development of autonomous vehicles.

Tesla reports a drop in sales for the second consecutive quarter, with fewer than 385,000 vehicles delivered, a 13.5% drop compared with the same period in 2024.

In response, Elon Musk and Tesla have reportedly suspended development of all other models in order to focus entirely on autonomous vehicles, with the ambition of launching a fleet of robotaxis.

This strategy would aim to reposition the company and transform its business model, which has taken a terrible beating in the market, despite Tesla being until recently the world’s most popular electric vehicle brand.

According to the New York Times, the production lines for the Cybertruck, as well as those for the Model S and Model X, are operating well below capacity. A situation that fuels concerns about Tesla’s continuing sales decline.