The event itself, initially intended for August 8, is said to be a major product announcement for some of Tesla's more ambitious projects, such as the "Cybercab" robotaxi and a po

For Tesla to operate a steering wheel-less robotaxi, it may need to introduce geo-fenced, mapped environments—similar to Waymo’s approach. Tesla has also floated the idea of launching its own ride-hailing service, called the “Tesla Network,” but this has yet to materialize.

Shares of Tesla fell 3.5% Wednesday after the electric vehicle maker’s third-quarter deliveries came in slightly below estimates, underscoring the challenges of the EV market and the burden of high expectations.

Tesla Inc. employees have been told that Chief Information Officer Nagesh Saldi is leaving the company, days before it’s set to unveil a new robotaxi at a splashy event in California, according to people familiar with the matter.

A Tesla bull warned that next week's "robotaxi" event will be "light on details," despite unveiling not just one but three vehicles.

Tesla reported a smaller-than-expected rise in third-quarter deliveries on Wednesday as incentives and financing deals failed to lure enough customers for its aging electric vehicles, sending shares down more than 6%.

In 2003, Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard and Marc Tarpenning founded Tesla – a company focused on the design, development, manufacturing and sale of fully electric vehicles, energy generation and storage systems.

Tesla has recorded a sixth straight month of sales decline, driven by falling demand for the volume-selling Model Y electric SUV.