Elon Musk delays robotaxi launch till October due to design change

25 Jul 2024 CW Team

Tesla CEO Elon Musk confirmed that the highly anticipated robotaxi unveiling event, initially scheduled for August 8, will be postponed. In a post on X, the social media platform he owns, Musk stated that he requested a design change to the front of the vehicle, necessitating the delay. However, he did not provide a new date for the event.

"The extra time allows us to show off a few other things," Musk wrote on X.

A message seeking comment from Tesla was left unanswered. The source had reported that the event would be delayed until October due to the design changes requested by Musk. This report led to an 8% drop in Tesla's stock that day.

Tesla shares, which had been down more than 40% earlier in the year, have risen over 80% since hitting a 52-week low in April.

Musk has long promoted Tesla's "Full Self Driving" (FSD) system as a major growth driver for the company, envisioning a fleet of robotaxis generating income for both the company and Tesla owners by utilising the electric vehicles when they would otherwise be parked. The FSD hardware has been available for sale since late 2015 and is currently being tested on public roads by thousands of Tesla owners.

However, the U.S. National Highway Traffic Safety Administration (NHTSA) has identified 75 crashes and one death involving the FSD system, though it remains unclear if the system was at fault. Tesla has consistently stated that the system cannot drive itself and that human drivers must be prepared to take control at all times. (

Source: Bloomberg News & ET)

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..