Tesla is delaying the launch of Robotaxi to October from August, Bloomberg News reported Thursday, citing people familiar with the decision.
The Elon Musk-led automaker’s shares fell more than 5% on the news.
To combat a slowdown in EV sales, which generate more than 80% of Tesla’s quarterly revenue, the company has shifted focus over the past few months to its artificial-intelligence efforts such as its Robotaxi and Optimus humanoid robot.
Tesla did not immediately respond to a Reuters request for comment.