Tesla set to launch its robotaxi as race with GM and Google intensifies



According to a report from Bloomberg, General Motors (GM) is set to resume testing of its Cruise robotaxi in Phoenix, Arizona, while Elon Musk announced on Friday in a post on X.com that Tesla (TSLA) will be unveiling its robotaxi on August 8. In addition, Google’s (GOOG,GOOGL) self-driving unit, Waymo, has begun to roll out its self-driving unit in Phoenix in conjunction with Uber Eats (UBER). It has also been operating in San Francisco and recently launched in Los Angeles.

Yahoo money management Host Akiko Fujita joins the Live show to break down the latests developments with robotaxis and how it may impact the auto sector moving forward.

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