Tesla's Cybercab, or robo-taxi, was announced last October and is due to hit the roads in Texas this June as part of a trial roll-out.

Tesla CEO Elon Musk announced that a fully autonomous taxi service will debut in Austin, Texas, this June, ensuring people that what we once thought of as science fiction is now reality.

Elon Musk told investors in late January that Tesla would roll out “autonomous ride-hailing for money” by June in Austin, Texas — a state where the company faces almost no regulation, raising questions about how much safety and legal risk Tesla is willing to take on.

After failing to develop its own self-driving technology, Uber (UBER) is hoping to work with Tesla (TSLA), adding its upcoming robotaxis to Uber’s ride-sharing fleet. “ No one wants to compete against Tesla or Elon,

During an earnings call last month, Tesla CEO Elon Musk said that the electric vehicle maker would start offering paid rides in June for its full self-driving robotaxi service. Now Uber CEO Dara Khosrowshahi is making it clear that he doesn't want to compete with Tesla — he wants to partner with the company to offer robotaxi rides through Uber's ride-hailing platform.

Why did Elon Musk sell $5 billion worth of Tesla stock? Was it for taxes, investments, or something bigger? Dive into the real reasons behind this massive sale and what it means for Tesla’s future and the stock market!