"Elon Musk's Tesla to Unveil Robotaxi on August 8, Shares Soar"

Elon Musk announced that Tesla will unveil its robotaxi product on August 8, causing Tesla shares to rise over 3% in extended trading. Despite Musk's previous claims about achieving "full autonomy" and sending cars on cross-country drives without human intervention, Tesla has yet to deliver a robotaxi or fully autonomous vehicle. The company currently offers advanced driver assistance systems, including Autopilot and Full Self-Driving options. Meanwhile, Alphabet's Waymo operates driverless ride-hailing services, and other companies like Apple and GM have faced challenges in the autonomous vehicle market.