Technology & Tools

Tesla's Robotaxi fleet drove fewer miles in Q2 than Q1, and the stock fell 13%

Paid Robotaxi miles fell from roughly 1.1 million in Q1 to about 700,000 in Q2, a 36% decline, as Tesla's core businesses also underperformed Wall Street's expectations.

Why it mattersTesla has staked its future on Robotaxi becoming a major revenue stream; falling paid miles alongside a 13% stock drop signals investor confidence is eroding.