Trend of the Summer: Autonomous Driving

Consumer discussions surrounding autonomous driving just hit all-time highs.

This interest is being driven largely by Tesla (TSLA) Full Self Driving updates and the unveiling of the company's robotaxi slated for later this summer.

The Tesla Robotaxi is expected to be a vehicle designed from the ground up for autonomous driving without any pedals or steering wheel, and it is a significant development in Tesla's efforts to create a fully autonomous ride-sharing service.

This unveiling is part of Tesla's broader strategy to advance its Full Self-Driving Capability and to move towards vehicles that can operate as fully autonomous taxis, potentially generating income for their owners by giving rides on their own.