Cathie Wood has been right about Tesla before, and the company is about to launch its highly anticipated Robotaxi service.

Tesla's June robotaxi debut in Austin is a go, but it will be invite only, a Morgan Stanley analyst, who visited the company's Palo Alto office, said.

Autonomous driving company Pony AI signed an MoU with Dubai's RTA to deploy its autonomous taxi fleet, aiming for global expansion.

Until the recent reversal, its website stated Tesla vehicles delivered after April 15, 2022 "are not eligible for purchase."

Tesla's upcoming robotaxi program in Austin could be a major paradigm shift, potentially igniting growth in the coming years. See why TSLA stock is a Hold.

Elon Musk went on a media blitz to share plans on new robotics benchmarks and reiterate his commitment to his companies.

Musk and Tesla have bet the future of the company on self-driving and the ability for its cars to perform robotaxi services. Tesla’s dedicated robotaxi — the Cybercab — is slated for a 2026 launch as well. And Tesla’s long-awaited, more affordable EVs are expected to be revealed in the first half of the year.