Skip to main content
Tesla Secures California Permit for Passenger Transportation, Advances in Robotaxi Pursuit

Tesla Secures California Permit for Passenger Transportation, Advances in Robotaxi Pursuit

Tesla has been granted a crucial permit by the California Public Utilities Commission (CPUC) to ferry passengers, marking a significant advancement toward the company's goal of deploying autonomous taxis. This approval allows Tesla to operate as a Transportation Network Company (TNC) in the state, enabling the company to offer ride-hailing services akin to Uber and Lyft. The permit is viewed as a stepping stone for Tesla's broader ambitions in the autonomous vehicle sector.

The news of the permit led to a rebound in Tesla's stock prices, as investors responded positively to the company's progress in California, a key market for autonomous transportation. The approval comes at a time when Tesla is intensifying its efforts to transition from traditional automotive manufacturing to leading in the autonomous driving industry.

This development is part of a larger trend of tech companies pushing into the transportation sector, with California serving as a testing ground for autonomous vehicle technology. Tesla's move is expected to intensify competition among tech giants and traditional automakers vying to dominate the future of mobility.

Detailed Tesla gets ride-hailing permit in California

X talks about this news

Can you Like

In a growing trend across the United States, several cities and states are taking legislative action to curb the use of artificial intelligence (AI) in setting rent prices. California's Senate Bill 52...
California's major pension funds, CalPERS and CalSTRS, have reported significant losses amounting to billions of dollars due to a recent stock market selloff. The downturn, influenced by various econo...
California Attorney General Rob Bonta has initiated an investigation into OpenAI, the artificial intelligence company behind ChatGPT, focusing on its adherence to nonprofit commitments. Bonta's inquir...