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Just hours afterElon Musk take Reuterswas “ lying ” about Tesla ’s plans to ditch its $ 25,000 low - toll EV and instead focalize all its movement on a robotaxi , the Tesla CEO annunciate on X that he would reveal said robotaxi in an event on August 8 .

The declaration comes as Tesla EVsales have laggedand profits have fallen , leaving the company and its chief executive officer on a hunting for another product to boost sales agreement — or at least the stock cost .

Earlier Friday , a Reuters written report citing three anonymous informant and intragroup text file say that Tesla was abandoning its programme to build a humiliated - monetary value EV and would instead focus resources on a planned robotaxi that is being work up on the same small EV platform that was also supposed to power the low - price fomite .

Musk took to X , the social connection he owns , and claimed without proof , that Reuters was “ lying . ” He did not dispute any specific point .

hour later , Musk post on X that a “ Tesla Robotaxi ” will be unveiled August 8 .

Tesla Robotaxi unveil on 8/8

— Elon Musk ( @elonmusk)April 5 , 2024

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Reports have swirled for years that Tesla was work on these two vehicles . But Musk has wavered on whether to prioritize a typical railway car or one with no steering wheel or pedals , despite not having yet produced a fully sovereign car , fit in to descriptions in Walter Isaacson ’s biography of Musk .

The CEO   pushed back in mid-2022 against his railroad engineer ’ insistence on cite a car with a guidance rack and pedals . And even as he pressed forwards , track designer Franz von Holzhausen and technology VP Lars Moravy keep the more traditional car reading alert as a “ fantasm labor , ” Isaacson pen at the time .

Musk has been promise autonomous capabilities in Tesla vehicles for years . In 2016 , he saidTesla would drive itself cross - state by the end of 2017(it did n’t go on ) . In 2019 , he promised to set up the troupe ’s first robotaxis as part of a broader vision for an autonomousride - sharing connection in 2020(that also did not materialize ) . A few years later , he sound out a consecrate robotaxi with no steering bicycle or pedal would come to marketby 2024 .

Tesla vehicles come standard with a driver - aid system post as Autopilot . For an   additional $ 12,000 , owners can buy “ full self - drive , ” or FSD — a feature that CEOElon Muskhas promise for days will one day fork over full self-governing drive capability . Tesla vehiclesare not ego - driving . rather , FSD includes a number of automate driving features that still require the driver to be ready to take restraint at all times , including the parking feature film Summon , as well as Navigate on Autopilot , an active guidance system that sail a car from a main road on - ramp to off - wild leek , include interchanges and make lane changes . The system is also think to treat steering on urban center streets .