TSLA
Tiny fleet, huge expectations
Tesla’s robotaxi story is still in the “baby steps, but at least it’s walking” phase. The company says it now has 26 unsupervised vehicles operating, which is not exactly a city-wide takeover, but it is a real number — and in Tesla land, real numbers tend to matter more than the usual Elon-sized promises.
Why investors care
The whole bull case here is that Tesla is more than a car company. If robotaxis ever become meaningful, you’re talking about a second business that could be way more lucrative than selling EVs one by one. But for now, this is still a slow crawl, not a victory lap.
A few things to keep in mind:
- 26 vehicles is progress, but it’s still a tiny fleet
- “Unsupervised” is the key word — that’s the part investors are watching like hawks
- The pace matters, because every incremental rollout changes the odds that this becomes a real commercial product instead of just a demo reel
The bigger picture
Tesla has spent years selling the idea that autonomy is the next giant unlock. This update doesn’t prove the thesis, but it does keep the story alive. And for TSLA, that’s half the battle: staying in the game long enough for the market to believe the payoff might actually show up.
Big picture: this is still more “pilot stage” than “print money stage,” but Tesla finally has something tangible to point at — and that’s better than another glossy slide deck.